Man says he got job after 1,764 applications he sent over 8 months: ‘I used only $20…’
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Business
December CPI report expected to show sticky inflation as investors recalibrate rate cut bets
December's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as investors debate if and when the Federal Reserve will cut interest rates in 2025.
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15 Jan, 02:48 AM
Walmart’s New Logo Is Making The Internet Mad
For the first time in almost 20 years, Walmart has a new logo—and the internet isn't very happy about it.
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15 Jan, 02:47 AM
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.
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15 Jan, 02:47 AM
Energy stocks are off to a blockbuster start in 2025 after back-to-back years of underperformance
Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last two years.
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15 Jan, 02:46 AM
Starbucks modifies rules surrounding bathroom use
Company issues a ‘Code of Conduct’ that will be posted in all its coffeehouses
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15 Jan, 02:45 AM
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
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15 Jan, 02:43 AM
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink | CNN Business
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 global workforce amid a downturn in sales for spirits.
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15 Jan, 02:42 AM
Why Eli Lilly, Novo Nordisk, and Viking Therapeutics Stocks All Dropped on Tuesday
Bad news for Eli Lilly (NYSE: LLY) stock dragged down shares of rival companies in the market for GLP-1 diet drugs on Tuesday. Lilly updated investors on its expected revenue for 2024 this morning, and gave new guidance for 2025 revenue as well -- and wh...
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15 Jan, 02:40 AM
Have Many Traffic Fines? You May Have To Pay More For Vehicle Insurance
Delhi Lieutenant Governor VK Saxena has written to the Union Finance Minister Nirmala Sitharaman, asking her to link insurance premiums of vehicles to the number of traffic violations recorded against the vehicles.
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15 Jan, 12:21 AM
Power line may have sparked LA wildfire, lawsuits allege
Fire victims filed suit against Southern California Edison.
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14 Jan, 11:33 PM
NVIDIA Statement on the Biden Administration’s Misguided 'AI Diffusion' Rule
For decades, leadership in computing and software ecosystems has been a cornerstone of American strength and influence worldwide. The federal government has wisely refrained from dictating the design, marketing and sale of mainstream computers and softwar...
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14 Jan, 11:32 PM
PPI shows wholesale inflation increased less than expected in December
Tuesday's wholesale inflation reading comes ahead of a highly anticipated release of December CPI.
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14 Jan, 11:21 PM
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by implementing a hiatus on certain hiring, most summer internships and "rallies" it hosts for employees.
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14 Jan, 11:19 PM
Starbucks ends its ‘open-door’ policies | CNN Business
Starbucks doesn’t want to be America’s public bathroom anymore.
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14 Jan, 11:14 PM
Eli Lilly Shares Down 7.5% as Market Reacts to Slashed Q4 Forecast
Intense Competition and Inventory Shortfalls Drive Pharmaceutical Giant's Revenue Cut
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14 Jan, 11:13 PM
Meta announces 5% cuts in preparation for 'intense year' — Read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
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14 Jan, 11:12 PM
