Lumen looks to lower costs through job cuts as cash concerns continue

The bar is creeping higher for second-quarter earnings...

06/05/2024

Faced with growth and cash challenges, Lumen Technologies is looking to cut expenses by reducing its headcount. One month through this year's second quarter earnings season, analysts are getting cautiously more optimistic about corporate America's profitability. [Read more]

$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit....

06/05/2024

“As more consumers make tequila their spirit of choice, we've seen them gravitate towards high-quality, premium tequilas,' Patrón executive says. [Read more]

Stock-market bulls face test as consumers start to show signs of stress...

06/05/2024

As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks. [Read more]

Paramount reportedly approves buyout talks with Sony, Apollo...

06/05/2024

Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday. [Read more]