Bank trading floors could get a makeover in the wake of Covid-19.
Schlagwort-Archiv: Financial
Why higher unemployment taxes are ‚all but certain‘ for businesses
Businesses in many states are likely to face tax increases as early as next year to replenish depleted trust funds that pay unemployment benefits. Workers may also face cuts in unemployment benefits.
Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap
The steep losses came as Apple’s recent product event — its first in 2020 — didn’t live up to the hype.
Here’s what happened to the stock market on Friday
Stocks were under pressure once again by steep declines in major tech names.
Kraft Heinz targets $2 billion in cost cuts over 5 years, sees long-term organic net sales growth of 1% to 2%
Kraft Heinz also raised its third-quarter forecast for organic sales growth.
These charts show how wildfires are getting larger, more severe in the U.S.
The U.S. is halfway through wildfire season, and this year is already one of the worst in history. Human-caused climate change has made blazes more frequent and intense.
Slack shares plunge as growth stays steady with no coronavirus spike
Slack’s revenue grew at around 50% for the third consecutive quarter, and the company reported more paying customers than analysts had expected.
Oracle’s stock jumps as company returns to growth
The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.
Peloton crushes estimates as sales surge 172%, expects strong demand to continue into 2021
Peloton’s fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at home during the coronavirus pandemic.
Lululemon quarterly sales top expectations, CEO ‚cautiously optimistic‘ for rest of 2020
CEO Calvin McDonald said the retailer is „cautiously optimistic“ about the rest of the year. Lululemon is not offering a 2020 outlook at this time.