Amgen Inc. topped Wall Street expectations for its fourth quarter, but the drug maker's shares fell after hours as its 2023 guidance fell on the lower end of Wall Street's expectations.
Ryan Olohan, a married dad of seven, was fired from Google after 15 years allegedly for not being "inclusive" after a female exec retaliated against him for denying her sexual advances.
Yahoo Finance Live anchors discuss FedEx's job cut plans and how the stock is reacting.
Yahoo Finance automotive reporter Pras Subramanian explains Rivian's recent round of layoffs amid pressures to ramp up its EV production targets.
If you find yourself with $1.5 million in retirement savings, you're doing more than five times better than the average retiree, who only has $279,997. It is true that $1.5 million can last indefinitely in retirement if you don't spend … Continue reading → The post How Long Will $1,500,000 Last in Retirement? appeared first on SmartAsset Blog.
Yahoo Finance’s Daniel Howley joins the Live show to discuss quarterly earnings for AMD, the drop in PC sales and shipments, and the outlook for AMD.
These growth stocks are down more than 50%, creating an attractive buying opportunity for patient investors.
With Ford earnings are due Thursday, the automaker updates its Mach-E pricing and production strategy.
(Bloomberg) -- FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving step as economic concerns and waning e-commerce weigh on demand for package delivery.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Plenty of Americans Are Drinking Bleach, Still for Sale on AmazonNational Archives Releases Records Tied to Trump Classified Documents8,000 Layoffs
1. Amazon: Is the cloud actually underestimated? E-commerce pioneer Amazon (NASDAQ: AMZN) operates in many countries worldwide and has a 37.8% market share in its home U.S. market. With the global e-commerce industry projected to grow at a steady rate for the rest of this decade, Amazon has a clear opportunity to grow its revenue for many years if it can retain this market share lead.
Costco Wholesale Corp. shares ticked higher in the extended session Wednesday after the warehouse club reported rising sales during January, even with a headwind from an earlier Lunar New Year this year.
Airbus agreed to revive orders for close to 75 aircraft from Qatar Airways after reaching a settlement with the Middle East airline over a dispute about chipping paint on its A350 wide-body models.
The group, which sells software to automakers, planemakers and industrial firms, guided for an annual revenue of between 5.93 billion euros and 5.98 billion euros ($6.59 billion to $6.53 billion) compared with 5.67 billion euros in 2022. Including currency fluctuation, the company expects annual growth at around 5%.
Thermo Fisher Scientific Inc (NYSE: TMO) has posted Q4 revenue of $11.45 billion, up 7% Y/Y, beating the consensus of $10.43 billion. Organic revenue was 3% lower, Core organic revenue growth was 14%, and COVID-19 testing revenue was $0.37 billion. Revenue from Life Sciences Solutions Segment declined by 27% to $3.05 billion. Analytical Instruments Segment sales were up 8.9% to $1.88 billion. Specialty Diagnostics Segment revenues decreased by 22.9% to $1.12 billion, and Laboratory Products and
Exxon Mobil posted mixed fourth-quarter financial results Tuesday, beating earnings estimates but missing on revenue views. Exxon Mobil stock edged lower Wednesday. This drove Exxon Mobil and Chevronand other energy stocks to the head of the stock market, with the companies posting record profits.
Japanese power utilities are stepping up efforts to cut thermal coal import costs by switching to lower quality grades and widening import sources, company officials said, as Tokyo looks to fight inflation and boost energy security. The measures include burning more of cheaper low-to-mid-grade coal and seeking new suppliers in Africa and South America, they said, as the world's No. 3 coal importer has sharply reduced imports from Russia, sanctioned for its invasion of Ukraine.
When it comes to retirement, timing is everything. And for retirees, good timing doesn't just have to do with threading the needle on Social Security start dates or savvily initiating required minimum distributions (RMDs). It also has to do with … Continue reading → The post These Charts Shows Why You Shouldn't Retire in a Down Market – 2023 Study appeared first on SmartAsset Blog.
The token at the heart of perhaps the most consequential lawsuit in the cryptocurrency industry is riding a month-long surge.
The benefits of aging include senior discounts, wisdom gained from experience and – when it comes to retirement saving – catch-up contributions. Anyone 50 and older have the option to contribute extra cash to a wide variety of retirement accounts. And … Continue reading → The post Retirement Catch-Up Contributions Get Bigger But Beware These Tax Changes appeared first on SmartAsset Blog.
The tract of land sits along Carolina Road – near where it intersects N.C. Highway 211 – and within Iron Horse Industrial Park. During an Aberdeen Town Council meeting on Jan. 23, the board instructed the town clerk to research the sufficiency of a petition to annex the land, which is a customary step in the process of developing land. The proposed investment is another signal of Moore County's rapid growth as the Sandhills region continues to attract new residents and businesses.