Tesla is not alone: 18 (and a half) other big stocks are headed for their worst year on record

Tesla is not alone: 18 (and a half) other big stocks are headed for their worst year on record

In the worst year for stocks since the Great Recession, several big names are headed for their worst year on record with just one trading day left in 2022. The S&P 500 index SPX, +1.75% and Dow Jones Industrial Average DJIA, +1.05% are both headed for their worst year since 2008, with declines of 20.6% … Read more

Southwest Airlines Gears Up for a Normal Flight Schedule on Friday After Mass Cancellations

Southwest Airlines Gears Up for a Normal Flight Schedule on Friday After Mass Cancellations

Southwest Airlines Co. LUV 3.70% executives said the airline is gearing up to resume its full flying schedule on Friday, removing limits on ticket sales and rebuilding crew schedules after an operational meltdown led it to cancel thousands of flights over the past week.  Executives also pledged to continue work to update technology systems that … Read more

Disney stock falls to eight-year low, all pandemic gains have been wiped away

Disney stock falls to eight-year low, all pandemic gains have been wiped away

The Walt Disney Co.’s shares closed Wednesday at their lowest price since before the House of Mouse began releasing “Star Wars” films, as a massive 2022 decline wiped away all their pandemic-era gains and a bit more. Disney DIS, -2.55% stock closed 2.6% lower Wednesday at $84.16, the second worst performance of the day for … Read more

Amazon warehouse workers get ‘big win’ with New York law on quotas

Amazon warehouse workers get ‘big win’ with New York law on quotas

A new law in New York will require companies that operate distribution centers to be more transparent about their work requirements, aiming to protect warehouse workers from possibly unlawful quotas. Gov. Kathy Hochul last week signed the Warehouse Worker Protection Act, which is modeled after a similar, first-in-the-nation law signed in California last year. The … Read more

TBC Bank to Book Up to $40.3 Mln Expense After Corporate Tax Change in Georgia

TBC Bank to Book Up to $40.3 Mln Expense After Corporate Tax Change in Georgia

By Kyle Morris TBC Bank Group PLC said Wednesday that it expects to book a one-off effect of 100 million Georgian lari to 110 million Georgian lari ($36.7 million-$40.3 million) after changes to the corporate taxation model in Georgia. The Georgia-focused lender said the change will have an immediate effect on deferred tax asset and … Read more

This asset will crush all others in 2023, says hedge-fund manager who nailed one big call of 2022

This asset will crush all others in 2023, says hedge-fund manager who nailed one big call of 2022

As 2022 winds down and investors reflect on a horrendous year, they can take some comfort in the fact that the big guys had their share of misses. Among them is Harris Kupperman, the president of hedge fund Praetorian Capital, who recently blogged about his 2022 calls he nailed — a selloff of big tech … Read more

Laid Off Tech Workers Quickly Find New Jobs

Laid Off Tech Workers Quickly Find New Jobs

Most laid off tech workers are finding jobs shortly after beginning their search, a new survey shows, as employers continue to scoop up workers in a tight labor market. About 79% of workers recently hired after a tech-company layoff or termination landed their new job within three months of starting their search, according to a … Read more

Tesla stock is the most oversold it has ever been

Tesla stock is the most oversold it has ever been

As Tesla Inc.’s stock keeps sinking toward the longest losing streak in more than four years, it has become the most oversold on a technical basis since going public 12 years ago. Keep in mind that an oversold reading doesn’t necessarily mean the selloff is over, but it does send a warning to sellers that … Read more

What Is 'Jeopardy!'? – WSJ – The Wall Street Journal

What Is 'Jeopardy!'? – WSJ – The Wall Street Journal

What Is ‘Jeopardy!’? – WSJ  The Wall Street Journal

U.S. stock futures rise ahead of last trading week of 2022

U.S. stock futures rise ahead of last trading week of 2022

U.S. stock futures rose Monday night, ahead of the final trading week of 2022. Dow Jones Industrial Average futures YM00, +0.51% gained more than 150 points, or 0.5%, as of 11 p.m. Eastern. S&P 500 futures ES00, +0.65% and Nasdaq-100 futures NQ00, +0.80% were also logging solid gains, indicating positive market moves when regular trading … Read more