Both mark an increase from FedEx’s rate hikes for this year. Last week, FedEx warned that a global recession could be coming, as demand for package deliveries around the world tumble. Shares of FedEx plunged 21% last Friday, — the biggest one-day drop in its history — after the company warned that a slowing economy …
Scores of women employed at Goldman Sachs more than a decade ago unsealed fresh accusations of how they were subjected for years to discrimination, sexual harassment and sexual assault by male managers at the Wall Street giant. Explosive in newly unredacted court documents, released Thursday by attorneys representing some 1,400s who have filed a class-action …
Women at Goldman Sachs allege rape, assaults by male managers: lawsuit Read More »
Giancarlo Stanton #27 of the New York Yankees is greeted by teammate Aaron Judge #99 after hitting a two-run home run in the first inning during the game between the New York Yankees and the Washington Nationals at Nationals Park on Thursday, July 23, 2020 in Washington, DC. Alex Trautwig | Major League Baseball | …
Apple TV+ to have its first major sports moment with Yankees-Red Sox Read More »
Customers carry their items after shopping at Costco in Washington DC, May 5, 2021. Ting Shen | Xinhua News Agency | Getty Images Here are the stocks making notable moves in extended trading: Costco — The wholesale membership club retailer was down about 2.8% after reporting fiscal fourth quarter earnings post-market, and saying it’s seeing …
Stocks making the biggest moves after hours: Costco, DocuSign, Scholastic Read More »
Apple unveiled four new iPhones, three new Apple Watches and an updated AirPods Pro during a press event on Wednesday in Cupertino, California, United States on September 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Apple on Thursday issued an update to iOS, the iPhone’s operating system, that fixes several bugs that cropped …
Apple issues iOS 16.0.2 update to fix camera, hard reset bugs Read More »
A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares of FedEx were up about 2% …
Average long-term mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate climbed to 6.29%, from 6.02% last week. That’s the highest it’s …
Mortgage rates jump to 6.29% — highest in 15 years Read More »
CNN — Kittyhawk, the electric air taxi startup backed by Google co-founder Larry Page, announced Wednesday that it plans to “wind down” operations. “We have made the decision to wind down Kittyhawk. We’re still working on the details of what’s next,” the company wrote in a brief statement shared on its LinkedIn and twitter pages. …
Larry Page’s electric air taxi startup is winding down Read More »
Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve. The 30-year fixed-rate mortgage averaged 6.29% in the week ending September 22, up from 6.02% the week before, according to Freddie Mac. That is significantly higher …
Mortgage rates rise to nearly 6.3%, the highest level since 2008 Read More »
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor on Thursday announced plans to restructure its global supply chain, days after the company said it expects to book an extra $1 billion in unexpected supplier …
Ford to restructure supply chain after $1 billion in unexpected costs Read More »