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Wayfair to Cut 5% of its Global Workforce
Wayfair (NYSE: W) revealed it will be cutting almost 900 jobs, approximately 5% of its global workforce, as it strives to regain financial stability post-pandemic. According to the company,...
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GM to Increase Share Buyback Program and Reinstate Quarterly Dividend
General Motors (NYSE: GM) is set to reinstate a quarterly cash dividend for its shareholders that had previously been cut to save funds amid the coronavirus pandemic. Nevertheless, the...
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Lowe’s Reports Mixed Q2 Results as DIY Customers Spend Less
Lowe’s (NYSE: LOW) reported mixed second-quarter earnings and revealed that improved operations had offset declining sales. The retailer says it plans to invest USD55 Million in incremental bonuses for...
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Kohl’s Reduces Guidance as Inflation Impacts Demand
Kohl’s (NYSE: KSS) has once again cut its financial forecast for the year, blaming increasing inflation for its decline in sales of apparel, shoes, and other items. The company...
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“Buzz on the Street” Show: Sai.Tech Global (NASDAQ: SAI) App Support for Bitcoin Lightning Network
FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “SAIHUB App Announces Support for Bitcoin Lightning Network.” SAI.TECH Global Corporation (NASDAQ: SAI), a global energy-saving...
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“The Buzz” Show: Plus Therapeutics (NASDAQ: PSTV) Awarded USD 17.6 Million from State of Texas
FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Plus Therapeutics Awarded $17.6 Million from State of Texas” Plus Therapeutics, Inc. (NASDAQ: PSTV) (the “Company”), a clinical-stage...
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Breaking News: SAIHUB App Announces Support for Bitcoin Lightning Network
SAI.TECH Global Corporation (NASDAQ: SAI), a global energy-saving Bitcoin mining operator and a clean-tech company that integrates Bitcoin mining, heating, and power industries, announced that it has recently launched...
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Best Buy to Sell Over-the-Counter Hearing Devices by Fall
Best Buy (NYSE: BBY) announced that it will be selling an expanded collection of hearing products and services this fall, following news that federal regulators had authorized the sale...
