Norfolk Southern activist wins three seats on railway board but has been unable to sack the chief executive
Shares of Norfolk Southern fell more than 5% on the news in Thursday morning trading. The railroad’s board fought hard…
Category: Economy
California Utilities Commission votes on flat $24 monthly fee – NBC Los Angeles
In a radical departure from the way Californians have paid for electricity in the past, a state commission is considering…
Uber shares fell on a surprise net loss and weak outlook for the second quarter
By Yuvraj Malik (Reuters) – Uber reported a surprise loss in the first quarter and forecast total bookings in the…
An independent report says the FDIC has a toxic work and leadership culture
Corner icon down Angle-shaped icon pointing down. An FDIC supervisor invited his employees to a strip club, according to a…
Investigation finds toxic culture at FDIC, targets its leader
A report on workplace culture at the Federal Deposit Insurance Corporation, released Tuesday, revealed a broad pattern of sexual harassment,…
Lucid stock falls after first-quarter loss, and confirms the Gravity SUV is on track to launch in “late 2024.”
Electric vehicle maker Lucid (LCID) reported mixed first-quarter results as a larger-than-expected loss outweighed the company’s assertion that its Gravity…
Amazon Internet Services (AWS) intends to invest an additional $9 billion in Singapore
BARCELONA, SPAIN – JANUARY 31: An illuminated logo outside the Amazon Web Services (AWS) booth at the ISE 2023 and…
Will Steward Massachusetts hospitals stay open?
The fate of Massachusetts’ eight Steward Hospitals has been the subject of debate for months. After facing financial challenges that…
Spirit Airlines expects weak second-quarter revenue due to slow growth in domestic demand
(Reuters) – Spirit Airlines Inc forecast weak second-quarter revenue on Monday due to a slowing improvement in domestic demand and…
Shiba Inu vs Avalanche: Does AVAX threaten SHIB’s base?
Avalanche is up more than 7% in the past seven days. Despite the price rise, market sentiment around AVAX remained…