The layoffs could impact thousands of employees, according to The Wall Street Journal.
Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum.
Cars from Tesla, BMW, Stellantis, Renault and Volvo are piling up at a German port and a major auto exporter is pulling back on its shipping commitments.
New York Gov. Kathy Hochul has lost her double-digit lead to GOP challenger Lee Zeldin over the last four weeks.
Shares of Carvana plummeted for a second-consecutive trading day as investors unloaded shares of the embattled used-vehicle seller.
Virgin Orbit announced that Richard Branson’s Virgin Group, an existing shareholder, made an additional $25 million investment on Nov. 4
Shares of Trump-linked SPAC Digital World gained 66.5% after Trump hinted at a 2024 presidential run.
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