Articles

CEO of Europe defense company says region faces ‘wake-up call’ to boost spending

Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.

Global battle against inflation has largely been won, IMF says

The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.

GE Aerospace’s stock pulls back as total sales beat, but commercial engines miss

GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year high

HSBC to split U.K. and Hong Kong banking arms into two separate units

HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery said

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market conditions.

As younger Americans seek opportunity in blue-collar jobs, some overlook the pitfalls

Elevated college costs and a tough job market for entry-level professionals have some questioning the value of a college degree and the white-collar work that it typically leads to.

3M’s stock climbs toward a near 3-year high after another upbeat earnings report

3M’s stock rises toward a near 3-year high after another stellar earnings report.

Apple’s Steve Jobs was a rare breed — here’s why many charismatic tech CEOs fail

Should you work at that startup? Should you invest in it? Here’s what you need to know.

Kimberly-Clark’s stock falls after sales fall short, with declines in tissues and personal care

Shares of Kimberly-Clark Corp. fell 3.1% in premarket trading Tuesday, after the parent of consumer brands including Huggies diapers, Kleenex tissues and Scott toilet paper reported third-quarter profit that beat expectations, amid volume and price increases, but sales that fell a bit shy.

General Motors’ stock jumps after big profit beat, progress on EV profitability

GM’s stock rallies after profit beat by a wide margin and the full-year outlook was raised.

The stock market is ready for its melt-up as investors ignore growing risks

Setting the stage for another show of irrational exuberance.

Verizon posts subscriber beat and says pricing moves are paying off

Verizon Communications topped subscriber expectations for the latest quarter, but shares were dipping about 1% in Tuesday’s premarket trading.
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