Market Extra: Something remarkable and extremely rare happened in the U.S. stock market on Monday
All of a sudden, the "Magnificent Seven" aren't looking so magnificent.
: Hasbro to lay off more workers amid toy sales slump
Hasbro Inc. is cutting about 900 jobs as the company is facing a slump in toy and game sales after a boom during the pandemic.
: Hasbro, Mattel stocks fall after report of Hasbro layoffs amid toy sales slump
Hasbro Inc. HAS is cutting nearly 20% of its workforce, or about 1,100 employees, as a slump for toy and game sales continues into the...
‘Wizard of Oz’ dress could go up for big-money auction after judge tosses ownership lawsuit
The "Wizard of Oz" dress was expected to fetch as much as $1 million or more if sold at auction. The Catholic University of America...
Ford cuts planned 2024 production of electric F-150 Lightning in half
It marks a major reversal after Ford significantly increased plant capacity for the Lightning EV in 2023.
Hasbro laying off 1,100 workers as weak toy sales persist into holiday season
Hasbro, the toy brand behind My Little Pony and Transformers, had already laid off hundreds of employees earlier this year.
Earnings Results: Oracle’s stock gets slammed as revenue comes up a bit short
Oracle's revenue for the latest quarter came up a bit short of expectations, and shares of the software giant were dropping 7% in Monday's aftermarket...
: Discover Financial names new CEO
Discover Financial Services’ DFS board has appointed Michael G. Rhodes as the company’s new chief executive and board member, effective March 6, the company said...
: Sanofi ends licensing deal with Maze Therapeutics after FTC action
Sanofi SA FR:SAN said late Monday it will scuttle an agreement with biotech Maze Therapeutics Inc. after federal trade regulators sought to block it, saying...