Jefferies upgrades Philip Morris, says shares can rise nearly 20% on smokeless alternatives
The firm said reduced-risk products, or smokeless alternatives to cigarettes, are key to delivering “sizable upside” for tobacco companies.
Morgan Stanley downgrades Roblox, says it’s time to sell the video game stock
The firm downgraded shares of the video gaming company to underweight from equal weight, saying upside is limited from here.
Hertz is bringing thousands of EVs and chargers to the city of Denver in a broad new partnership
Hertz will add more than 5,000 electric vehicles to its Denver rental fleet, will install public EV chargers and will offer training in and around the city.
Trump mistook rape accuser E. Jean Carroll for ex-wife Marla Maples in deposition about photo
Donald Trump has repeatedly said E. Jean Carroll, the writer accusing him of rape, is “not my type.”
Amazon discontinues charity donation program amid cost cuts
Amazon is axing the program as CEO Andy Jassy undergoes a sweeping review of the company’s costs.
Disney slams Peltz for lack of media experience, but its board is light on it, too
Disney’s board is almost entirely made up of executives who lack media and entertainment experience.
Americans see Biden’s handling of classified docs as inappropriate — but not criminal, poll shows
Americans viewed former President Donald Trump’s handling of classified documents differently than President Joe Biden’s situation, Quinnipiac polls showed.
Read the memos Amazon execs sent to employees about job cuts
Amazon’s HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs.
Markets fully price in quarter-point interest rate hike in February as inflation slows
Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point hike at the Federal Reserve’s two-day meeting that concludes Feb. 1.
Amazon cited by Labor Department for exposing warehouse workers to safety hazards
Federal officials found Amazon workers at the facilities were exposed to “ergonomic hazards” such as lower back injuries.
