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Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved efficiency and profits. But...
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The Independent Traders
- World News
Gunman shoots dead 2 Supreme Court judges in Iran’s capital before turning gun on himself, state media says
Biden appointed more federal judges than Trump did in his first term, new research shows
RNC chair on GOP’s mission going forward: ‘Make sure… Trump voters become Republican voters’
Comer requests Trump DOJ prosecute James Biden for making ‘false statements’ during impeachment inquiry
CLAY TRAVIS: How Trump is already narrowing America’s racial divide
- Business
FDA officially authorizes Zyn nicotine pouches for sale following health review
Capital One outage drags into Friday afternoon, leaving some customers without deposit access
JPMorgan Chase posts record profit as the bank’s massive scale pays off
Target says its holiday sales were better than expected — but its profits weren’t
There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
- Stock
Business
The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In a...
Business
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an...
Business
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S....
Business
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for...
Business
In-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades, the West Coast restaurant chain...
Business
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after...
Business
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing...
Business
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were...
Business
Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide...
Business
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot,...
Business
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year. The University of...
Business
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in data-storage technology, an Illinois...
Business
Just weeks after Kiki Ramos received her first $500 monthly payment from the Richmond Resilience Initiative, her car was stolen. “It would have been...