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Citigroup starts layoff talks after management overhaul -sources

By Tatiana Bautzer, Saeed Azhar and Lananh NguyenNEW YORK (Reuters) - As Citigroup embarks on a sweeping reorganization, support staff in compliance and...

Apple’s sky-high stock valuation is unreasonable – in fact, it’s a ‘shrinking company,’ value fund manager says

Apple's stock valuation is unreasonable, reflecting how it's a "shrinking company," Bill Miller IV said."I think somebody needs to tell the market that...

Trucker Yellow Paid Managers Millions Just Before Bankruptcy

(Bloomberg) -- Just weeks before closing its doors and dismissing thousands of employees, Yellow Corp. doled out millions of dollars in bonuses to...

Bed Bath & Beyond employees sue over 401(k) plan losses

By Jonathan Stempel(Reuters) -Employees of the former Bed Bath & Beyond on Thursday sued the committee that oversaw its 401(k) retirement plan, saying...

Here’s the top country for retirement. Hint: it’s not the U.S.

The U.S. might get a lot of things right as a country, but retirement is far from one of them, a new global...

With the UAW on the cusp of a strike, how much do auto workers earn?

With just hours until their existing labor contract expires, the United Auto Workers and Detroit's Big Three automakers are still struggling to navigate...

Arm stock surges 24% over IPO price after Nasdaq debut

British chipmaker Arm (ARM) debuted on the public markets on Thursday, opening at $56.10 on the Nasdaq in afternoon trading.Arm's shares jumped 10%...

Oracle brings its database infrastructure to Microsoft Azure

Days after Oracle missed Q1 2023 revenue expectations and gave a downbeat rest-of-year outlook, sending its share price to suffer the worst one-day...

Dow Jones Soars Amid Strong Arm IPO Gains; Cathie Wood Loads Up On This Stock After 43% Plunge

The Dow Jones Industrial Average surged Thursday, with Goldman Sachs (GS) and Caterpillar (CAT) shining. Chip stock Arm (ARM) rocketed on its IPO...

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