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You are here: Home / Archives for Top Stories

Dow Jones Newswires: After 6 down months, China’s Caixin manufacturing PMI returns to expansion

March 1, 2023 by MarketWatch.com - Top Stories

A private gauge of China’s manufacturing activity returned to expansionary territory in February, ending six months of contraction and marking a new high since June as Beijing moved to kick-start economic growth after lifting Covid-19 restrictions in December.

Filed Under: Top Stories

Therese Poletti’s Tech Tales: Marc Benioff’s Salesforce fairy tale is crumbling down around him

March 1, 2023 by MarketWatch.com - Top Stories

Salesforce has been a unique tech company, able to sell itself as a “family” while generating near-universal praise from Wall Street. But that is changing.

Filed Under: Top Stories

Dow Jones Newswires: Australia’s economic growth slows in Q4 as consumer spending cools

March 1, 2023 by MarketWatch.com - Top Stories

Australia’s economy grew by much less than expected in the final months of 2022 as consumer spending slowed in the face of rising interest rates and the biggest cost-of-living surge in over three decades.

Filed Under: Top Stories

: General Motors is reportedly cutting around 500 jobs, a month after CEO said ‘We’re not planning layoffs’

March 1, 2023 by MarketWatch.com - Top Stories

General Motors said it is cutting salaried and executive staff — after saying a month ago that it wasn’t planning layoffs.

Filed Under: Top Stories

Dow Jones Newswires: SmileDirectClub shares fall on Q4 revenue miss, expected demand challenges

March 1, 2023 by MarketWatch.com - Top Stories

Revenue in the recent period fell 32% to $86.5 million, below the $90.6 million analysts expected, according to FactSet.

Filed Under: Top Stories

Dow Jones Newswires: South Korea’s exports shrink for fifth straight month

March 1, 2023 by MarketWatch.com - Top Stories

Exports fell 7.5% from a year earlier to $50.10 billion, following a 16.6% drop in January, according to preliminary data released by the country’s trade ministry on Wednesday.

Filed Under: Top Stories

Earnings Results: HP holiday earnings chopped in half, CEO says ‘we continue to see a slowdown’ in PC sales

February 28, 2023 by MarketWatch.com - Top Stories

HP’s stock rose slightly Tuesday after the PC maker reported a steep drop in revenue and GAAP earnings being cut in half during the holiday season.

Filed Under: Top Stories

: Reata’s stock soars 150% after FDA approves rare-disease drug amid uncertainty about approach to neuroscience treatments

February 28, 2023 by MarketWatch.com - Top Stories

The approval comes one day after the departure of Billy Dunn, the FDA’s head of neuroscience.

Filed Under: Top Stories

Earnings Results: Ross Stores says rising prices continue to hit lower-income shoppers — and forecasts miss expectations

February 28, 2023 by MarketWatch.com - Top Stories

Ross Stores Inc. slipped after hours on Tuesday after the bargain retail chain offered up a full-year forecasts that missed analysts expectations.

Filed Under: Top Stories

Crypto: Visa says crypto strategy unchanged after a report that it’s pausing new partnership efforts

February 28, 2023 by MarketWatch.com - Top Stories

Visa says its crypto strategy would remain the same after a news report said it and fellow payments company Mastercard were halting efforts to forge new partnerships with crypto firms

Filed Under: Top Stories

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