Meta’s stock wrapping up record year, spurred by cost cuts

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Last year at this time, Meta was navigating a crisis of confidence that had pushed its stock price to its lowest since 2016. Sales were … Read more

Marvel Just Dropped Actor Jonathan Majors After He Was Convicted of Assault

Marvel and The Walt Disney Company have dropped up-and-coming star Jonathan Majors from all current and future projects. The decision came just hours after a Manhattan court found Majors guilty of assaulting his former girlfriend earlier today. Majors’ career was poised for major stardom after appearing as villain Kang the Conquerer in “Ant-Man and the … Read more

Tesla to raise pay rate for hourly Nevada Gigafactory workers in Jan.

Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory in Sparks, Nevada, that some set-rate hourly workers there will see pay increases around 10% starting in early January 2024. According to internal materials seen by … Read more

Apple makes surprise decision to pause some Watch sales before Christmas

Apple will pause U.S. sales of two of the latest versions of its Apple Watches due to an intellectual property dispute over their Blood Oxygen feature, the company said. The decision stems from two orders issued by the U.S. International Trade Commission on Oct. 26, which would restrict Apple’s ability to sell products that use … Read more

DocuSign Explores Sale Options in a Shifting Digital Landscape

Opinions expressed by Entrepreneur contributors are their own. This story originally appeared on Readwrite.com E-signature giant DocuSign is reportedly considering a sale, according to a recent Wall Street Journal report, potentially marking one of the most significant leveraged buyouts in recent times. Sources close to the matter indicate that the company is in preliminary talks … Read more

Jefferies’ Sheila Kahyaoglu talks top airline picks into 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Sheila Kahyaoglu, Jefferies analyst, joins ‘Closing Bell Overtime’ to talk her top airline stocks into year-end. 03:49 Mon, Nov 27 20235:35 PM EST Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all … Read more

Houthi attacks continue in the Red Sea as BP halts Suez oil trade

Oil major BP has joined a growing list of firms pausing shipping through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen, as the U.S. pledged an international effort to combat the situation. “In light of the deteriorating security situation for shipping in the Red Sea, bp has decided to temporarily pause … Read more

Adobe and Figma call off $20 billion merger

Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said “there is no clear path to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority.” Adobe shares rose around … Read more

U.S. passport delays have eased — but aren’t yet back to normal

Tooga | Digitalvision | Getty Images Long delays to get a new U.S. passport have eased from earlier in 2023 but haven’t yet returned to their pre-pandemic baseline. As of Nov. 6, the U.S. State Department is processing routine passport applications in seven to 10 weeks, the agency said. It’s processing expedited applications — which … Read more

2024 Considerations: Buy or Hold for 3 Tech Stocks?

The persistent surge in technological innovation is fueling a steady demand for high-speed and more advanced products, propelling the tech sector forward. Therefore, let’s explore whether to buy or hold tech stocks Infosys (INFY), EchoStar Corporation (SATS), and Stratasys (SSYS) for 2024. Read on…. After an uncharacteristically sluggish performance in 2022, tech stocks have staged … Read more