Amazon CEO Andy Jassy violated labor laws with union remarks, federal agency alleges
Jassy said in interviews with CNBC’s “Squawk Box” and Bloomberg Television that employees could be less empowered in the workplace if they voted in a union.
Twitter ‘cannot become a free-for-all hellscape,’ Musk tells advertisers
Billionaire Elon Musk sought to reassure advertisers of his intentions in buying Twitter on the eve of his deadline to close the deal and avoid new trial dates.
‘Borrowers are feeling the squeeze’ as interest rates climb while inflation remains high, chief financial analyst says
Here’s a breakdown of how increases in the benchmark interest rate have impacted the rates consumers pay on the most common types of debt.
This tech stock could be a ‘new home’ for mega-cap investors, MoffettNathanson says
The firm said a positive earnings report bolstered its outlook on the cloud computing company.
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
Gross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, according to Dow Jones.
Meta shares plunge 24% to the lowest price since 2016
Shares of Meta continued to sell off on Thursday as investors and analysts digested the company’s earnings miss and weak outlook.
Apple beats but comes up light on iPhone sales and services
Apple reported earnings after the bell. Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates.
Amazon stock sinks 13% on weak fourth-quarter guidance
Amazon missed sales estimates for the third quarter, and it gave weak fourth-quarter sales guidance.
Southwest says travel demand still strong, warns Boeing delays could continue into 2024
Southwest said delivery delays will determine its schedules going forward.
McDonald’s earnings beat as customers return despite higher prices
The fast-food giant said traffic to its U.S. restaurants is growing despite higher menu prices.
