Mattel CEO Margo Georgiadis Looks to Classic Toys to Boost Holiday Sales
In the face of declining profits, the iconic toy company needs a big win this holiday season.
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Fortune•Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. CEO Robert Jordan said the airline was reacting quickly “to address our financial underperformance," including by slowing down hiring and asking employees to take time off.
Associated Press Finance•$433 Billion Gone! One Stock Loses More Value Than Tesla
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Investor's Business Daily•Javier Milei Sparks Wild Rally That Makes Peso No. 1 in World
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Bloomberg•Southwest to Exit Four Airports as Boeing’s Problems Ripple Through Industry
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.
The Wall Street Journal•Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
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Bloomberg•The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade
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Motley Fool•Here Are My Top 5 Dividend Kings to Buy Right Now
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Motley Fool•Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia
You'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company.
Motley Fool•China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of
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