Articles

Shares of iRobot plunge 40% on report EU will block purchase by Amazon

Shares of iRobot Corp. plummeted after hours on Thursday after the Wall Street Journal reported that the European Union plans to block Amazon.com Inc.'s purchase of the Roomba maker.

Macy’s to lay off 13% of corporate staff, close five stores

The department-store retailer said it is trying to "meet the needs of an everchanging consumer and marketplace."

Walmart announces pay hikes for store managers, and a more profit-driven bonus program

"In addition to sales, your store's profit will play a bigger role in calculating your annual bonus," company tells managers.

Birkenstock floats price hikes to offset new factory costs as shares slide on earnings

Despite posting a surprise fourth-quarter loss, analysts called the sandal maker's results "encouraging."

Paints and coatings giant PPG expects a ‘subdued’ U.S. economy in the first half of the year

The DIY market in the U.S. and Canada is still soft, paints giant PPG said.

Super Micro’s blowout numbers are latest bit of good news for chip industry

Super Micro Computer Inc. on Thursday delivered the latest upbeat signal for the chip industry.

AI and hiring: The top three myths

Some job applicants think artificial intelligence will play the deciding role in who gets hired.

China-focused ETFs struggle amid fears of another regulatory ‘crackdown’

It’s a dismal start to the year for several China-focused exchange-traded funds.

It’s the Trillionaires’ stock market now, and the rest of us are just along for the ride

A handful of "magnificent" tech stocks have been driving the stock market. Could that concentration turn into a problem for your 401(k) or stock portfolio?

Inflation is ‘far from dead’: Why one large asset manager doubts U.S. can hit 2%

A relatively healthy U.S. economy is unlikely to get back to 2% inflation “without some amount of pain,'' says SEI's James Solloway.

Trump’s past comments on bitcoin ‘scam’ cast doubt on his support for crypto in 2025

"I am not a fan of bitcoin and other cryptocurrencies," Trump said in 2019.

AMC’s stock on pace to snap six-day losing streak and register biggest gain in over a month

Shares of AMC Entertainment Holdings Inc. are up 5.8% Thursday, putting the stock on pace to snap its six-day losing streak.
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