Author: super@dmin
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Dow Jones Newswires: Giant Biogene rises in Hong Kong market debut
Giant Biogene Holding Co.’s stock zoomed higher in its Hong Kong market debut, after the Chinese skincare company raised 549.4 million Hong Kong dollars (US$70.0 million) in an initial public offering.
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: Twitter plans mass layoffs Friday morning
Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $44 billion.
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The Wall Street Journal: Warner Bros. Discovery to speed up merger of HBO Max, Discovery+
Warner Bros. Discovery Inc. is speeding up the launch of a combined HBO Max/Discovery+ streaming service, a decision that comes as the company is facing growing pressure on its traditional media businesses from cord-cutting and a slowdown in advertising.
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: Apple reportedly pauses hiring for many roles, joining Amazon in belt-tightening
Apple Inc. reportedly has put a pause on hiring for positions that aren’t in research and development, joining a string of other tech companies that are scaling back their once-robust hiring initiatives due to a stormy economic climate.
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Earnings Results: Funko stock plunges 20% as earnings shrink and holiday forecast calls for no growth
Funko Inc. shares dove by more than 20% in after-hours trading Thursday, after the company known for its Pop line of collectible figurines detailed a surprising earnings decline and slashed its annual forecast ahead of the holiday season.
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: U.S. Latinos contributed $2.8 trillion to the economy in 2020. So why aren’t more financial services meeting their needs?
Latinos remain underserved when it comes to inclusive banking services, advocates say.
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ETF Wrap: ‘Just so full of autocracies’: For the Freedom 100 Emerging Markets ETF, outperformance in 2022 goes beyond nixing China
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Earnings Results: Virgin Galactic on track for space-tourism flights in 2023
Wall Street looks past wider quarterly loss and Virgin Galactic stock gains in the after-hours session.
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The Wall Street Journal: Trump loyalist Kash Patel to receive immunity for testimony to grand jury in case surrounding government documents recovered at Mar-a-Lago club
Patel, who served in a variety of positions in the Trump administration before being elevated to chief of staff to the acting defense secretary after Trump’s loss to Joe Biden in the 2020 presidential election, had previously declined to testify, citing a Fifth Amendment right against self-incrimination.
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Personal Finance Daily: Fidelity launches waitlist to offer crypto trading to retail investors and why aren’t more financial products meeting the needs of Latinos in the U.S.?
Thursday’s top personal finance stories.