Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024. Walmart CEO Doug McMillon has expressed a cautious outlook on consumer spending in 2024, emphasizing uncertainties surrounding shoppers' purchasing power amid higher credit card balances and shrinking household bank accounts.
Industry
Boeing Makes Further Job Cuts, Slashes 50% of Its Strategy Teams, Report Says
Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams. Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams.
Hasbro To Lay Off 1,100 Employees as It Struggles With Weak Toy Sales Amid Holiday Season
Toy company Hasbro is set to lay off approximately 1,100 employees as part of its ongoing efforts to navigate the challenging market conditions.
Warren Buffett-Led Conglomerate Berkshire Hathaway Cuts Stake in HP to 5.2%
The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%. The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.
Elon Musk Trashes Bob Iger, Says Disney CEO Should Be 'Fired Immediately'
Elon Musk has called for the immediate ouster of Disney CEO Bob Iger. Elon Musk has escalated his feud with Disney CEO Bob Iger, taking to his social media platform, X, to call for his immediate ouster.
Latest News
McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.
After announcing the renewal of exclusive contracts with all four members of Blackpink, YG Entertainment experienced a significant surge in its stock value.
Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.
Apple's market capitalization has again reached the $3 trillion milestone after its shares experienced a 2% climb to $193.42 per share on Tuesday.
Elon Musk's artificial intelligence startup X.AI reportedly seeks to raise up to $1 billion in funding from equity investors.
Gold has achieved a new record high, accompanied by a notable surge in the value of Bitcoin. Gold has achieved a new record high, accompanied by a notable surge in the value of Bitcoin, signaling a shift in investor strategies influenced by changing interest rate expectations, according to BBC.
Music streaming giant Spotify has announced a significant workforce reduction, saying it will lay off 17% of its employees.
Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.
Tron has reportedly emerged as the preferred platform for crypto transfers supporting groups like Hamas and Hezbollah.
