Tag: Business

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Goldman Sachs reports earnings before market open — here’s what the Street expects

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th,...

Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis

Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024.Jim...

Moderna moves three vaccines into final stage trials as it works to rebound from Covid slump

Nikos Pekiaridis | Lightrocket | Getty ImagesModerna has more to offer beyond its Covid vaccine.The biotech company Wednesday announced positive clinical trial data on...

UAW says VW workers at Tennessee plant file for union election

A Volkswagen EV ID.4 crossover at the Volkswagen of America plant in Chattanooga, Tenneessee, on June 8, 2022.Michael Wayland | CNBCDETROIT — Volkswagen workers...

TJX tops earnings estimates but issues light guidance ahead of uncertain growth path

TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer.Despite the strong quarter and end...

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this year.From toy and cosmetics...

CVS to close ‘select’ pharmacies in Target stores in the coming months

CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the...

Maersk’s Red Sea shipping pause highlights challenges for U.S.-led efforts to protect trade

A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. (Photo by Fareed...

Universal banks on ‘Migration’ to expand its animation lead over Disney

Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for...

Pfizer shares fall as 2024 revenue and profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street's expectations, as it sees weak demand for its...

Alaska Airlines agrees to buy Hawaiian Airlines in $1.9 billion deal

Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle in the second...

American Dream mall in N.J. briefly evacuated on Black Friday over bomb threat

American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019....