All three of the major indexes (^DJI,^GSPC, ^IXIC) jumped after the April employment report showed the US added 175,000 jobs last month, far fewer than the 240,000 economists had been predicting. The ...
Video game retailer GameStop has seen a major decline in revenue in the fourth quarter and say they've had to cut an unspecified number of jobs as a result, report Reuters. As of February 3 ...
A "just right" April employment report showing cooling job and wage gains has given hope that the Fed could cut interest ...
While Iger prevailed, the costliest board fight in history underscores the significant influence of shareholders in shaping the fates of corporations. Historically, U.S. corporate power was ...
In March, GameStop said that it is cutting jobs in an attempt to boost profitability. GameStop missed analysts' top- and bottom-line estimates in its recent fourth-quarter results, prompting ...
Molly Higgins is a product/content reviewer and contributing producer at WIRED. She graduated with a bachelor’s degree in English from UCLA and an MFA in creative nonfiction writing from the ...
The U.S. stock market has been swinging sharply since setting a record at the end of March. It sunk for weeks on fears that ...
GameStop has faced an onslaught of challenges ... (it sent the stock soaring temporarily), says the company needs to cut its footprint until it can find a profitable path forward.
Google announced a new round of layoffs Wednesday, and said it will move some jobs overseas. Business Insider first reported the cuts, saying they will affect a significant but unspecified number ...
The company disclosed the job cuts in a notice to the state. At the end of May of last year, Nike had around 83,700 employees, including retail and part-time workers, according to its annual report.