Articles

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.

How an American sovereign wealth fund could challenge China’s global influence

Direct investment in long-term development projects could provide for generations of Americans.

Oil prices extend bounce from steep weekly loss as Middle East worries linger

Oil futures were on track for back-to-back gains, attempting to claw back steep losses suffered last week as fears of a broader Middle Eastern conflict that could threaten crude flows from the region faded.

Citi has a new theory about the economy — and says investors should pick stocks that can stand on their own

Strategists at Citi like companies where there are positive trends on return on equity that are driven by operations instead of buybacks.
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