A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring…
Read more U.S. airlines cool hiring after adding 194,000 employees in post-Covid spreeMathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to…
Read more Companies — profitable or not — make 2024 the year of cost cutsWarren Buffett’s Berkshire Hathaway sold a number of stocks last quarter during the volatile market, according to a new regulatory filing. The Omaha-based conglomerate dumped its remaining $780…
Read more Warren Buffett’s Berkshire trimming holdings, keeping new stock secretAn American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC More companies are warning that a surge in the cost of fuel and employee…
Read more More companies, especially airlines, warn higher costs will eat into profitsUAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, March 27, 2023. Rebecca Cook | Reuters United Auto Workers (UAW) President Shawn Fain…
Read more UAW seeks double-digit pay hikes in Detroit Three auto contract talksFirst Republic Bank‘s shaky deposit footing and dismal earnings report won’t trigger the chain reaction that investors fear, Jim Cramer said on Tuesday, but could still drag on…
Read more First Republic’s ‘miserable moment’ is different from the 2008 contagion, Jim Cramer saysTraders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty…
Read more Stocks making the biggest moves premarket: Novartis, First Republic, 3M and moreCHRIS J RATCLIFFE | AFP | Getty Images Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the…
Read more Inflation’s inventory gluts are here to stay and will hit the bottom line in weaker economy: CNBC Supply Chain SurveyAs the likelihood of a hard landing this year rises, Barclays says investors should seek quality stocks that are not overly expensive. Large-cap tech stocks have been outperforming…
Read more Barclays highlights 10 top quality stocks that are also cheapAn Optoro warehouse in Tennessee that handles returns for retailers. Source: Matt Adams | Optoro As the markets prepare for the latest consumer price index data to be…
Read more There’s a new inflation warning for consumers coming from the supply chainMicrosoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images The job cuts in…
Read more Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year
