Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot
Intel's new CEO has a lot to do, but not much time to do it.
Fewer Americans file for jobless claims last week, signaling a still-healthy US labor market
The number of Americans filing for unemployment benefits fell slightly last week, indicating a still-healthy U.S. labor market. U.S. jobless claims filings fell by 2,000 to 220,000 for the week ending March 8, the Labor Department said Thursday. It’s not clear when job cuts ordered by the Department of Government Efficiency will show up in the weekly layoffs report, though some analysts expect them to surface in data in the coming weeks.
The odds of a government shutdown rise as markets weigh another source of 'unwelcome' uncertainty
The federal government could be in for a shutdown in less than two days after Senate Democrats offered up a plan to play hardball and oppose a House bill that would keep the government open until September.
Canadian Auto Parts Stocks Thrown Into a Tailspin by Tariff Woes
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureCanada’s biggest auto parts names are buckling under the weight of US President Donald Trum
Perma-Fix (NASDAQ:PESI) Misses Q4 Revenue Estimates
Environmental waste treatment and services provider Perma-Fix (NASDAQ:PESI) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 35.3% year on year to $14.7 million. Its GAAP loss of $0.22 per share was 83.3% below analysts’ consensus estimates.
5 Things to Know Before the Stock Market Opens
News of the day for March 13, 2025
European markets dip as Trump vows to respond to EU’s counter tariffs
European markets respond to escalating tariff anxieties, as Canada and the EU announced countermeasures to the US’ 25% steel and aluminium tariffs.View on euronews
G-III (NASDAQ:GIII) Beats Q4 Sales Targets But Full-Year Sales Guidance Misses Expectations
Fashion conglomerate G-III (NASDAQ:GIII) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.8% year on year to $839.5 million. On the other hand, next quarter’s revenue guidance of $580 million was less impressive, coming in 6.9% below analysts’ estimates. Its GAAP profit of $1.07 per share was 7.9% above analysts’ consensus estimates.
Dollar General’s (NYSE:DG) Q4 Earnings Results: Revenue In Line With Expectations, Stock Soars
Discount retailer Dollar General (NYSE:DG) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.5% year on year to $10.3 billion. Its GAAP profit of $0.87 per share was 42% below analysts’ consensus estimates.
Morning Bid: Markets now eye government shutdown after trade row
From one crunch to another, markets are finding it hard to catch a break as we go from tit-for-tat trade wars one day to U.S. government shutdown fears the next. Today I'll take a look at how all of the U.S. policy uncertainty and diplomatic upheavals have sparked a conversation in global investment circles about trust and transparency in U.S. governance and how eroding that could undermine the U.S. position as the world's dominant investment destination. Today's Market Minute * President Donald Trump threatened on Wednesday to escalatea global trade war with further tariffs on European Union goods,as major U.S. trading partners said they would retaliate fortrade barriers already erected by the U.S. president.