U.S. stock index futures were largely subdued on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surging prices...
Continue ReadingU.S. stock index futures fell on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surging prices...
Continue ReadingWedbush removed the stock from its best ideas list, but retained its Outperform rating, like the rest of Wall Street...
Continue ReadingAmazon.com Inc workers voted against unionizing a second warehouse in New York City, a ballot count on Monday showed, representing a defeat for labor organizers just weeks after they celebrated their first U.S. win at the nation's second largest private employer...
Continue Reading(Bloomberg) -- A bipartisan group of senators intends to introduce legislation as soon as this week that would force Alphabet Inc.’s Google to sell off parts of its lucrative advertising technology business, according to two people familiar with the matter.Most Read from BloombergBiggest Treasury Buyer Outside U.S. Quietly Selling BillionsEnd of Easy Money Brings a $410 Billion Global Financial ShockCiti Says Trader Made Error Behind Flash Crash in Europe StocksDip Buyers Save the Day as Stocks...
Continue ReadingA former Amazon.com Inc employee sued the online retailer on Monday, saying it wrongly fired her and demanded she repay wages after she contracted "long COVID."...
Continue ReadingThe win for the online retailer came after another Staten Island fulfillment center was the first to unionize and founded the Amazon Labor Union. The National Labor Relations Board will certify the votes. Only a month ago, another nearby Amazon warehouse that is known as JFK8 to employees, chose to participate in the company's first U.S. union, the Amazon Labor Union (ALU)...
Continue ReadingThe National Labor Relations Board said 62% of workers from a facility on Staten Island voted not to form a union, a win for the e-commerce giant after a loss at another warehouse in the borough last month...
Continue ReadingMorgan Stanley analysts point to Amazon CEO Andy Jassy's comments as evidence that earnings growth may disappoint in coming quarters...
Continue ReadingThe Amazon unionization effort hit a roadblock on Monday, though employees are still pushing for nationwide adoption. Apple employees are now joining the fight...
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