Ford's European production is being trimmed by the combined effects of the war in Ukraine and the ongoing semiconductor chip shortage. Ford's Cologne, Germany, factory celebrated its 90th anniversar… [+1192 chars]
(Kitco News) Investors should be on the lookout for an aggressive Federal Reserve, said Goldman Sachs, projecting two 50-basis-point hikes at the May and June meeting followed by 25-point hikes at th… [+2165 chars]
New York-based website BuzzFeed is gutting its news division at the digital media company amid reports shareholders have urged Founder and CEO Jonah Peretti to shut it down entirely. The newsroom, w… [+5902 chars]
Alibaba Group Holding Ltd. boosted its share buyback program to $25 billion from $15 billion, in a bid to reassure investors about the companys prospects after a year in which its stock has fallen by… [+204 chars]
Porsche hasnt officially announced when the electric Macan is coming, but the general consensus is that itll be shown sometime next year with a fall 2023 launch. Unless the Germans move up that timet… [+2209 chars]
Panera on Wednesday officially entered the chicken sandwich competition. On March 30th, "Chef's Chicken Sandwiches" will be available at Panera locations nationwide and via the company's app. Diners… [+1764 chars]
U.S. government bond yields surged and stock futures rose, as investors digested Federal Reserve Chairman Jerome Powells more aggressive tone on reining in inflation. Futures for the S&P 500 and… [+307 chars]
Take a look at some of the biggest movers in the premarket: Nike (NKE) Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped … [+2186 chars]
A brief wobble aside, the U.S. stock market is taking Federal Reserve Chairman Jerome Powells decision to fully unleash the inflation-fighting side of his monetary policy persona in stride.That may b… [+2980 chars]
