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Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. When a…
In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a circle to listen to CEO Caroline Ellison, who was…
Republican Steve Scalise ended his bid to become House speaker late Thursday after hardline holdouts refused to back the party’s nominee, throwing the GOP majority into…
Dollar General has brought back its former chief executive in an attempt to revive its struggling business. On Thursday, the discount chain announced that it had…
It’s encouraging to see three Club stocks on the bullish side of Goldman Sachs’ new list of 25 tactical trades for earnings season. Asset allocation can…
Supply chain software startup Flexport plans to cut approximately 20% of its global workforce as part of a new round of layoffs that’s expected to begin…
Qualcomm, one of the largest microchip manufacturers globally, is scaling back its workforce. The San Diego, California-based company will be laying off about 1258 roles in…
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult.The main culprits are related to services and shelter costs, with many…
Market Movers rounded up the latest reactions on Target from investors and analysts. The pros, including Jim Cramer , discussed the Minneapolis-based retail chain after Bank…
Adam Aron, the CEO of AMC Entertainment, admitted Thursday that he was a “victim of an elaborate criminal extortion” plot. He made the announcement on X,…