Kellogg to split into three businesses in surprise move
Kellogg, the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks and ...
Tag: wall street
NYC Uber prices are the latest excuse to work from home
A fresh excuse for not coming into the office is making the rounds across the Big Apple: the price of ...
Vitamin Shoppe owner doubles down on $8B Kohl’s buyout: source
The boss of the company that owns Vitamin Shoppe has been telling investors this week he still aims to buy ...
Wall Street’s favorite recession indicator is flashing red
A closely watched recession predictor in the bond market just flashed red, spurring fresh concern that the US economy is on ...
Netflix shares slide after Goldman Sachs’ streaming downgrade
Netflix shares fell 5% on Friday after Goldman Sachs downgraded the streaming pioneer over risks of slower consumer spending and tough ...
SEC’s Gary Gensler unveils plan to overhaul stock trading
The top US securities regulator on Wednesday proposed rule changes to transform how Wall Street handles retail stock trades after the ...
Goldman Sachs CEO David Solomon DJs at BottleRock Napa Valley
On Wall Street, David Solomon is known as the ruthless, take-no-prisoners chief executive at global banking giant Goldman Sachs. But ...
Elon Musk pledges more equity to fund Twitter deal
Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44 billion offer for Twitter, reducing the billionaire’s margin ...
Amazon shareholders reject investor-led proposals
Amazon shareholders on Wednesday voted against all investor-led resolutions that challenged the company’s policies — including its use of plastics and ...
Twitter faces skeptical investors during Elon Musk talks
Twitter will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will ...
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