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Categories Business

Trump Media plummets 10% as post-lockup selloff picks up steam

Author admin September 24, 2024

Shares of Trump Media sank Monday to their lowest price since 2021, days after majority owner Donald Trump and other company insiders got the green light to start

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Categories Business

Major maritime strike could threaten ports across the East Coast

Author admin September 22, 2024

A major strike is on the horizon for thousands of maritime workers, posing a threat to East Coast ports responsible for billions

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Categories Business

Elon Musk’s X and Starlink face nearly $1 million in daily fines for allegedly evading ban in Brazil

Author admin September 21, 2024

Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s

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Categories Business

Some local Teamsters groups announce Harris endorsements after national union declines to do so

Author admin September 21, 2024

The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election, but that

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Categories Business

Three Mile Island nuclear plant to help power Microsoft’s data-center needs

Author admin September 21, 2024

A unit of Pennsylvania’s Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with Microsoft, which

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Categories Business

Amazon increases average pay for warehouse workers and adds free Prime membership perk

Author admin September 20, 2024

Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them a Prime

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Categories Business

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

Author admin September 19, 2024

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank

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Categories Business

Boeing starts furloughing tens of thousands of employees amid machinist strike

Author admin September 19, 2024

Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO

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Categories Business

Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’

Author admin September 18, 2024

Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband

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Categories Business

In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era

Author admin September 18, 2024

In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world

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