: Salesforce will lay off 10% of staff as part of restructuring
The company will also exit some real estate and cut back on office space, it disclosed.
Need to Know: This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon
Could Jeff Bezos make a return to Amazon, as Bob Iger did at Walt Disney? This observer thinks so.
Futures Movers: Oil extends slide on worries over global growth outlook
Oil futures fall Wednesday, extending a slide that analysts tied to fears over the outlook for global growth and surging COVID cases in China
Beth Pinsker: It’s time to buy I-bonds again. Here are 3 ways to maximize your $10,000 inflation-fighting investment.
The current rate is good, but if you hold off until just before the next change, it could be even better.
Microsoft shares slip as UBS flags Azure and Office worries in downgrade
Microsoft shares slipped 2% to $234.46 in premarket trade as UBS downgraded the tech giant to neutral from buy and lowered its price target to...
Coronavirus tally: China awaits EU decision on COVID test requirements for Chinese travelers, rejects offers of help
The EU Integrated Political Crisis Response group is set on Wednesday to decide whether to impose EU-wide entry requirements from China, where COVID cases have...
: GE Healthcare stock to start trading as separation from GE is completed
The first stage of the break up of General Electric Co. GE has been completed, as GE HealthCare Technologies Inc. GEHC has been officially separated...
: WeWork issues $250 million of 2-year bonds to SoftBank Vision Fund II-2
Office-sharing company WeWork WE said Wednesday it has issued $250 million in two-year bonds to SoftBank Vision Fund II-2 L.P., a unit of Japan’s SoftBank...
: Patterson-UTI provides upbeat earnings outlook, citing better-than-expected contract pricing
Patterson-UTI Energy Inc. PTEN provided on Wednesday an upbeat fourth-quarter earnings outlook, citing “more favorable pricing than expected” on renewals of drilling contracts. The oilfield...