Why is the stock market falling? Dow drops over 600 points as investors weigh Fed’s policy path, earnings

US stocks fell sharply Friday, extending losses as investors weighed up hawkish comments on interest rates by Federal Reserve Chairman Jerome Powell and a fresh batch of corporate earnings that largely disappointed. How are stocks trading? The Dow Jones Industrial Average DJIA, -1.54% was down 608 points, or 1.7%, at 34,186. The S&P 500 SPX, … Read more

‘The graveyard shift is the most understaffed:’ I work as a waiter on the Las Vegas Strip. We are overworked, underpaid, and our drunk customers often do not tip

Dear Quentin, I currently work at a fast-casual restaurant on the Las Vegas Strip. I have worked at the company for three years. I work at the busiest outlet of this restaurant in the world. During the slow winter months, this restaurant makes an average of $ 130,000 a week. During the summer months, we … Read more

TataNeu super app will be a great competitive advantage for us: Puneet Chhatwal, MD & CEO, IHCL

TataNeu, a super app to be launched soon that will integrate several Tata brands offering shopping, entertainment, flights, hotels, food, etc, with customers earning and spending loyalty points across brands. “Things are looking positive after a very very long time. There is some optimism in the air, and we are feeling that very much in … Read more

Yale professor is keeping tabs on companies still operating in Russia despite Ukraine invasion – and many are now pulling out

A Yale professor and his research team are keeping tabs on companies that are still operating in Russia in the wake of its invasion of neighboring Ukraine – and many have responded by announcing plans to withdraw. “‘In the days since we initially published our list, many of the “remain” companies have responded to public … Read more

PepsiCo Posts Earnings Beat and Boosts Dividend. The Stock Rises.

Text size Joe Raedle / Getty Images PepsiCo , the soft drinks and snacks giant, reported fourth-quarter adjusted earnings of $ 1.53 a share on revenue of $ 25.3 billion, both higher than analysts’ estimates, and the stock was rising in premarket trading Thursday. PepsiCo (ticker: PEP) also boosted its annual dividend and announced a … Read more

Wish appoints Foot Locker exec as new CEO, stock promotions

Wish parent company Contextlogic Inc. announced Monday that it found its new CEO at Foot Locker Inc., and shares were won in the late trading session. Vijay Talwar, most recently CEO of Foot Locker’s FL, +0.56% efforts in Europe and other parts of the world, will take over the role of CEO of Wish from … Read more