Articles

: UAW strike countdown: Union president says targeted strike possible at all Big Three companies

UAW President Shawn Fain says that UAW may strike 'all of the Big Three at once,' and union prepares for 'standup strikes' if no deal is reached. "

: Google to lay off hundreds of recruiting staffers

Google plans to cut back on roles in its recruiting department, a spokesperson confirmed Wednesday.

IPO Report: Arm prices IPO at high end of range, raising $4.87 billion

Arm Holding Ltd. priced its initial public offering at the high end of expectations late Wednesday following intense interest.

: Howard Schultz steps down from Starbucks board of directors

Starbucks Corp. on Wednesday said that former CEO Howard Schultz is stepping down from its board of directors, capping a nearly 40-year career during which the company grew from a handful of stores in Seattle into a global coffee chain.

The Tell: Stocks rallied after hot inflation data 11 months ago. Don’t expect a repeat, analyst says.

The S&P 500 rallied off its cyclical bottom 11 months ago, after consumer prices data showed hotter-than-expected inflation, but the move is unlikely to happen this time, according to Jonathan Krinsky, chief market technician at BTIG.

Outside the Box: Why have so many ‘airtight’ recession predictions been downright wrong?

The assumption that negative growth follows an inverted yield curve may no longer be a reliable indicator

The Margin: 5 things to know about the new COVID-19 vaccine

The booster will be available starting later this week.

: Visa to explore potential exchange offer for bank-owned shares amid stock ‘overhang’

Visa will discuss with shareholders whether to amend its unconventional share structure as a means of resolving a potential overhang on the stock.

In One Chart: When will inflation cool to the Fed’s 2% target? By late next year, says JP Morgan strategist.

Inflation is likely to fall below the Federal Reserve's 2% annual target by late next year, says David Kelly, chief global strategist at JP Morgan Asset Management.

The Ratings Game: Unity Software’s new game developer fees result in ‘PR disaster,’ stock falls

Unity Software Inc. shares fell Wednesday after the game-engine company introduced new fees based on how often a developer's game is downloaded.

Financial Face-Off: Apple’s iPhone 15 vs. iPhone 13: Is the upgrade worth it?

Apple's yearly iPhone upgrades aren't as dramatic as they once were. Are this year's improvements enough to justify a new phone?

IPO Report: Birkenstock is going public: 5 things to know about the iconic German sandal maker’s IPO designs

German sandal and clog maker, beloved of hippies, is planning to list on the New York Stock Exchange.
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