Toyota Motor’s fourth-quarter net profit drops 31%
Toyota Motor Corp. said Wednesday that its fourth-quarter net profit fell 31% compared with the same period a year earlier and projected a drop in earnings for new fiscal year due to higher costs.
Occidental Petroleum posts quarterly profit as oil rises
It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.
Nasdaq, S&P stage modest rebound with inflation data on tap Wednesday
Volatility remains for U.S. stocks after all three of the benchmark averages tumbled to lows not seen in over a year.
Musk, Bezos, Gates lose billions in net worth in tech downturn
Three big-name tech billionaires have been hit with sizable blows to their net worth as the technology sector has soured in recent days.
Understanding liquid assets
Liquidity is important regarding an emergency fund should you experience a setback like a sudden job layoff, a medical emergency or an unexpected issue like a car repair.
Stock carnage, Fed’s Powell inflation apology points to policy defeat
Inflation and recession jitters sent the Dow, S&P 500 and Nasdaq to the lowerst in more than a year.
Virgin Galactic’s commercial service delay sparks downgrade
Shares of Richard Branson's Virgin Galactic have tumbled after the aerospace giant's stock was downgraded from a buy to a hold rating by Truist Securities analyst Michale Ciarmoli.
Tyson raises revenue outlook as beef, chicken, pork prices soar
Beef, chicken and pork prices are climbing, and Tyson is passing along those costs to consumers.
Dow falls 653 points, S&P back below 4K for first time since 2021
Investors are bracing for another week of US stock volatility.
Uber to cut spending, treat hiring as 'privilege'
Uber reported a net loss of $5.9 billion during the first quarter of 2022 on revenue of $6.9 billion.
Battered U.S. stocks may not be bargains as investors brace for inflation data
U.S. stocks fell drastically, with valuations at their lowest levels in two years amid high inflation.
Ford expected to unload part of Rivian stake: report
Rivian automotive shares may be poised to flood the market as the post-IPO lockup period for the electric vehicle maker expires on Sunday.
Caesars spinoff VICI closes on big Vegas Strip property deal
A big casino landlord closed its acquisition of MGM Resorts International’s real estate spinoff, giving the buyer several more hotel properties on the Strip.
Cruise company facing biggest hiring challenge in decades, CEO says
UnCruise Adventures founder and CEO Dan Blanchard discuss post-pandemic travel demands on 'The Claman Countdown.'
Record food prices decrease slightly in April: UN agency
World food prices fell in April after a large jump in March, according to the United Nations' Food and Agriculture Organization (FAO).
DoorDash's sales soar, costs grow, shares rise
DoorDash sales soared in the first quarter as the company added more customers. But the company's loss widened to $167 million.
News Corp revenue boosted by gains in Dow Jones and real-estate units
News Corp said revenue and segment earnings rose in the March quarter, driven by gains in its Dow Jones and digital real-estate units.
Elon Musk expected to become Twitter's temporary CEO once $44B acquisition closes: report
Elon Musk is reportedly expected to become Twitter's temporary chief executive officer upon closing of his $44 billion deal to acquire the social media giant.
Elon Musk secures $7.1B in new funding for Twitter acquisition
As a result of the new commitments, Musk's margin loan financing for the Twitter deal has been reduced from $12.5 billion to $6.25 billion, while his equity financing has increased from $21 billion to $27.25 billion.
Netflix accused of misleading investors prior to subscriber loss
Netflix investors have filed a class-action lawsuit accusing the streaming behemoth of making false or misleading statements about its business, operations and prospects after it reported a loss of 200,000 subscribers in the first quarter of 2022.



















