Kraft Heinz announced a 188.5% increase in Q4 EPS to $1.76, despite a 4.1% sales drop. Annual sales fell 3%, but net income surged 181.7%. CEO Abrams-Rivera emphasized profitabilit...
Bank of America's CEO, Brian Moynihan, forecasts stable interest rates as consumer spending rises. With a 6% increase in early 2025 spending, inflation concerns persist, delaying a...
JPMorgan Chase & Co. has begun layoffs in 2025, starting with Houston offices, as part of strategic adjustments. Further cuts are planned throughout the year, targeting specific bu...
Chevron plans to reduce its global workforce by 15%-20% as part of a cost-saving strategy aiming to save up to $3 billion. The layoffs, starting this year and mostly completed by 2...
Chevron plans to reduce its global workforce by 15%-20% as part of a cost-cutting strategy aiming to save up to $3 billion. The layoffs, announced by Vice Chairman Mark Nelson, are...
Bank of America CEO Brian Moynihan predicts stable interest rates due to increased consumer spending and ongoing inflation concerns, suggesting no immediate changes to monetary pol...
JPMorgan Chase & Co. has initiated a series of strategic layoffs in 2025, starting with its Houston offices, to adapt to changing business needs. The layoffs are scheduled across s...
Biogen reports a 3% increase in Q4 revenue to $2.5 billion, with a focus on long-term sustainable growth. Despite a slight annual revenue decline, net income rises, reflecting stro...
