Southwest Airlines has announced that they will be laying off around 2,000 employees and closing operations at four different airports across the globe.
Read More Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 AirportsTag: Analysts
Apple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Read More Apple hits seven-week low after Barclays downgradeU.S. Inflation Rose 3.1% In November, Above Federal Reserve’s Target
The Federal Reserve’s long-term objective for U.S. inflation was persistently exceeded in November, with 3.1% growth, supporting central bankers’ arguments to maintain current interest rates this spring.
Read More U.S. Inflation Rose 3.1% In November, Above Federal Reserve’s TargetMacy’s investors mount $5.8 billion buyout bid
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private.
Read More Macy’s investors mount $5.8 billion buyout bid