UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.
Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’Tag: Earnings
Target Reports Largest Earnings Miss In 2 Years
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Read More Target Reports Largest Earnings Miss In 2 YearsAdvance Auto Parts To Shut Down At Least 500 Stores, Reducing Workforce As ‘Car Repairs Decline’
The automotive aftermarket parts provider Advance Auto Parts announced on Thursday that it will close more than 500 stores by mid-2025, while also cutting jobs in an effort to save money.
Read More Advance Auto Parts To Shut Down At Least 500 Stores, Reducing Workforce As ‘Car Repairs Decline’S&P 500, Dow rise on boost from big bank earnings
The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.
Read More S&P 500, Dow rise on boost from big bank earningsNvidia Q2 sales likely to double, even a slight miss may hurt shares
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Read More Nvidia Q2 sales likely to double, even a slight miss may hurt sharesApril Jobs Report Shows Rising Prices Outpacing Earnings
The April jobs report showed that the U.S. economy added fewer jobs than expected and unemployment rose. Daniel Baldwin breaks down the numbers.
Read More April Jobs Report Shows Rising Prices Outpacing Earnings