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Target joins Walmart in scaling back diversity initiatives amid conservative backlash. The retailer ends programs supporting Black employees and shoppers, and concludes DEI goals.
Published on: January 24, 2025, 07:04 PM UTC
Cryptocurrency firms, including Kraken and Blockchain.com, have hired Ballard Partners, a lobbying firm with ties to President Trump, to advocate for crypto policy changes and legal clarity.
Published on: January 24, 2025, 07:04 PM UTC
US manufacturing PMI rises to 50.1 in January, indicating expansion in the sector. Businesses are upbeat on Trump's impact on economic growth, leading to increased hiring and stronger earnings potential.
Published on: January 24, 2025, 07:03 PM UTC
President Trump's executive order on global minimum tax eases a potential tax headache for tech giants relying on R&D tax credits, like Meta, Google, Amazon, and Tesla.
Published on: January 24, 2025, 07:02 PM UTC
Italian billionaire Francesco Gaetano Caltagirone is emerging as a key player in Italy's financial sector, with significant stakes in Mediobanca, Generali, and Monte dei Paschi di Siena. Caltagirone's influence in Italian banking is growing amid consolidation efforts and corporate governance changes.
Published on: January 24, 2025, 07:01 PM UTC
The economy faces headwinds under Trump, including inflation, budget deficit, trade tensions, immigration restrictions, and wealth inequality.
Published on: January 24, 2025, 07:00 PM UTC
Texas Instruments (TXN) stock fell 5.9% after reporting underwhelming Q4 results, with earnings guidance below expectations. Inventory increases weighed on Japan and Europe, but strength in China's auto and smartphone markets helped drive revenue and EPS past estimates.
Published on: January 24, 2025, 06:05 PM UTC
Twilio shares soared on its robust outlook and growing demand for AI tools. The company projects double-digit growth, targeting profitability in 2025 and beyond, with over 9,000 AI firms utilizing its services.
Published on: January 24, 2025, 06:04 PM UTC
Morgan Stanley Exec: Deregulation will spur M&A and boost bank stocks. Tune in to the Opening Bid podcast from the World Economic Forum for more insights from top business leaders.
Published on: January 24, 2025, 06:04 PM UTC
U.S. Manufacturing Outlook Improves with Trump's Presidency; PMI Rises to 7-Month High
Published on: January 24, 2025, 06:03 PM UTC