business news
Workday cuts about 525 positions but says it’s not the result of overhiring
Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, talking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Adam Galica | CNBC Workday, a cloud-only company setting up software package organization, will lay off 3% of its personnel, the company’s co-CEOs wrote in a information to workers Tuesday. In Oct 2022, […]
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Stocks making the biggest moves midday: GM, McDonald’s, UPS, Pulte, International Paper and more
In this article LRCX PNT-FF IP PHM UPS MCD AOS PARA CAT Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | […]
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Tax credits vs. tax deductions: How they vary, and what to know ahead of you file
Clever Tax Setting up Tax credits vs. tax deductions: How they vary, and what to know in advance of you file Published Tue, Jan 31 20233:06 PM ESTUpdated Tue, Jan 31 20233:40 PM EST Greg Iacurci@GregIacurci Observe Live Supply
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FBI searched Biden assume tank business office following classified files have been observed past 12 months
An business office building housing the Penn Biden Heart, a feel tank affiliated with the University of Pennsylvania, is noticed in Washington, DC, January 10, 2023, adhering to stories that labeled files from the time when US President Joe Biden was serving as Barack Obama’s vice president have been observed at the middle that Biden […]
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Rep. George Santos says he would not serve on Property committees while investigations are ongoing
Embattled Republican Rep. George Santos will not provide on the two Residence committees to which he was assigned right until a slew of investigations into his campaign and personalized funds have concluded, he reported in a statement Tuesday. The freshman lawmaker explained he asked Property Speaker Kevin McCarthy, R-Calif., to temporarily recuse him from the […]
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The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022. Hannah Beier | Reuters The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, […]
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The end of the Covid health emergency won’t slow FDA clearance of shots and treatments
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The Food and Drug Administration on Tuesday said its emergency authorizations of Covid vaccines, tests and treatments will not be impacted by […]
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Jim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Opportunity to buy Caterpillar Confident in decision to buy Johnson & Johnson Why buy ahead of an overhang? 1. Opportunity to buy Caterpillar Shares of Caterpillar (CAT) were down 4.2% […]
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Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked […]
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Stocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more
In this article IP XOM GM CAT Follow your favorite stocksCREATE FREE ACCOUNT Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying […]
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