Author: super@dmin
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Market Snapshot: U.S. stock futures signal further losses amid resurgent recession fears
U.S. stock futures were softer as caution reigned following the heaviest sell-off so far this year as worries grow about a weakening economy
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The Wall Street Journal: Microsoft hosted Sting concert in Davos before announcing layoffs
Microsoft hosted a concert with Sting before laying off 10,000 people.
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Retirement Hacks: Afraid of a recession and not ready to retire? Do this.
‘Career cushioning’ should be considered part of your professional upkeep
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Dow Jones Newswires: Dr. Martens Q3 revenue misses board’s expectations
The British footwear brand said revenue for the quarter ended Dec. 31 grew 9%, or 3% on a constant-currency basis, to 335.9 million pounds ($414.8 million.)
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Dow Jones Newswires: Deliveroo sees breakeven adjusted earnings for all operations
The U.K. food-delivery company reported that its full-year gross transaction value rose 7% on a constant currency basis to 7.08 billion pounds ($8.74 billion) compared with GBP6.63 billion in 2022.
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Key Words: Citigroup’s Jane Fraser is fine with remote work — as long as employees stay productive
While Citigroup has been an outlier among Wall Street banks, offering a more flexible hybrid-work culture than most of its peers, that flexibility has its limits, Fraser said Tuesday.
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Earnings Outlook: P&G earnings: Sales are set to fall for the first time in 5 years as higher prices take a toll
P&G can be expected to beat second-quarter earnings expectations, but the decline in volume will likely accelerate as prices keep rising.
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Key Words: New Zealand Prime Minister Jacinda Ardern steps down: ‘I no longer have enough in the tank’
New Zealand Prime Minister Jacinda Ardern announced she will not seek another term and will step down from her office on Feb. 7.
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Market Extra: The wine industry’s biggest threat? Irrelevance with younger people
The roughly $84 billion U.S. wine industry is losing the battle of the future without younger consumers, according to SVB’s 2023 annual wine industry report.
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Dow Jones Newswires: Japan’s exports log 22nd straight month of growth in December
Exports rose 11.5% in December from a year earlier, which was weaker than November’s 20% increase but stronger than the 9.5% increase forecast by economists surveyed by data provider FactSet.