Articles

Running-shoe maker On’s stock slides 14% after surprise loss and revenue miss

Swiss running-shoe company On Holding AG’s stock fell 14% Tuesday to put it on track for its biggest one-day selloff in almost two years, after the company posted an unexpected loss for the fourth quarter and revenue that fell short of estimates.

Tesla’s Autopilot, other driver-assistance systems get poor ratings from auto-insurance group

The Insurance Institute for Highway Safety found that there was “little evidence” driver-assistance systems are making driving any safer.

Apple’s iPhone business has been sluggish, but here’s the good news

Apple likely saw declining iPhone unit shipments over the last three years, but a BofA Securities analyst sees some silver linings.

‘Mood matters’: Why the spring forward into daylight-saving time sets stocks back

The U.S. stock market tends to fall on the Monday after the clock loses an hour.

No more free lunches: How laid-off tech workers are surviving a tight job market

Being a tech employee, especially in Silicon Valley, has rarely been more perilous.

Porsche’s stock climbs as luxury brand touts dividend hike, model launches

Porsche is planning four new model launches for 2024, but cautioned they will come at a cost.

Deutsche Bank’s stock rises as CEO says fixed-income unit is winning market share

Deutsche Bank shares rose as much as 5% after the bank’s chief executive said its fixed-income division will see revenue growth this quarter.

3M names new CEO, and the stock is having its best day in 5 months

3M Chief Executive Mike Roman will step down from the role he’s held for past six years — a period marked by a steep drop in the company’s share price.

Leave things alone: The Fed shouldn’t cut rates until recession is an actual threat

The U.S. central bank should stay the course and avoid prematurely celebrating the end of inflation above 2%.

Why Oracle’s stock is enjoying its best day in more than two years

Oracle’s growth and outlook stand out following disappointing results from other software companies this cycle, analysts say.

‘He’s basically the male version of her’: My daughter’s colleague got a bigger pay raise. She’s also been sexually harassed. How does she make this right?

“She has dealt with a couple of men at her company who have tried to date her and wouldn’t give up even when she repeatedly turned them down.”

NYCB plans reverse stock split after closing $1.05B infusion

NYCB’s stock rises as struggling bank finalizes plan to bulk up its balance sheet.
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