The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | GettyImages Kohl’s on Thursday named interim CEO Tom Kingsbury to the post on a permanent basis. He took over as interim CEO in December after former chief executive Michelle Gass decided to …
Kohl’s names interim CEO Tom Kingsbury to the post permanently Read More »
Google parent Alphabet (GOOG, GOOGL) announced its Q4 earnings after the bell on Thursday, falling short of expectations on revenue and earnings per share, as advertising declined year-over-year. Here are the most important numbers from the report, compared to what Wall Street was expecting, as compiled by Bloomberg. Alphabet shares were down 4.2% immediately following …
Alphabet misses on earnings expectations, as ad revenue falls Read More »
Text size Investors are looking for evidence that Amazon.com is making progress on its push to rein in costs. David Ryder/Bloomberg Amazon . com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the …
Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too. Read More »
After enduring emotional and often scathing public comment, state regulators on Thursday ordered utilities to immediately distribute funds to lower natural gas bills that have become unaffordable for many Californians this winter. The Climate Credits, which are typically issued in April, will reduce home heating bills by $43 to $56 for most Californians based on …
California utilities told to apply credits immediately to lower home heating bills Read More »
Salesforce, San Francisco’s largest private employer, laid off thousands of employees early Thursday morning as the tech giant moves forward in its plan to cut its workforce by 10%. The corporate software company blamed the layoff rounds, originally announced on Jan. 4, on overheating during the pandemic. In a two-hour meeting the following day, CEO …
Salesforce confirms more workers are officially laid off Read More »
Based on info Netflix’s support pages, a report published by Streamable appeared to confirm details about how it will roll out anti-password sharing features in the US and elsewhere. However, Netflix hasn’t announced the details of its plan yet or what it may look like when it rolls out more widely this year. Netflix spokesperson …
Netflix hasn’t confirmed its plans to stop password sharing just yet Read More »
Tesla (TSLA) bull Cathie Wood doesn’t see the EV maker’s recent price cuts as damaging to the brand. Instead, they may be more of a problem for automakers trying to close the gap, she contended. “I think traditional auto manufacturers are going to have trouble keeping up with the price declines that Tesla’s technology is …
In this week’s episode of Market Talks, Cointelegraph welcomes Budd White, chief product officer and co-founder of Tacen — a United States-based software company developing compliance software for a well-regulated crypto space. To kick things off, we get to know White a little better and find out his background and what drew him to the …
Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live Read More »
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | GettyImages Penn Entertainment On Thursday he became the first US gambling company to post a profit in its sports betting business during the final three months of a year. Usually, it’s tougher …
Penn sports betting business posts fourth quarter profit Read More »
Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | GettyImages apple reports fiscal first-quarter earnings after the bell. Analysts expect the iPhone maker to post its first year-over-year revenue decline since …