Caterpillar shares dropped after the company’s fourth-quarter revenue fell short of expectations before the opening bell Thursday.
Illinois unveils bill to create strategic bitcoin reserve
The Trump administration is also eyeing a national bitcoin stockpile.
Is Tesla Stock 'Bulletproof' Now? Here's Why Some Investors Think So
Tech companies are all about selling the future, and few do so more determinedly than Tesla.
Top Stock Movers Now: IBM, Las Vegas Sands, UPS, and More
U.S. equities were mixed at midday as the market turned its focus back to corporate earnings reports.
Illinois Proposes 5-year Hold Bitcoin Reserve Bill
Illinois advances a bill to create a state Bitcoin reserve, joining Arizona in a bold move toward crypto adoption.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures
(Reuters) -Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade. The chemical industry has been grappling with weak demand and high input costs, leading to lower prices and margin pressures, especially in Europe, where a challenging regulatory environment has prompted some companies to rethink their strategies. The Midland, Michigan-based company said it plans to reduce its workforce globally, with Europe and Asia in focus, and it expects to save an additional $300 million to $500 million this year by cutting back on expenses.