Confluent shares surge 19% after upbeat 2024 outlook
Shares of Confluent rose late Wednesday after the data-streaming company forecast more than 20% revenue growth in 2024 and its first breakeven year based on...
Warner Music to lay off 10% of workforce as part of restructuring plan
Goal is to free up more cash to fuel growth in ‘core’ areas, Warner says.
Wall Street loves Disney’s kitchen-sink quarter, but Nelson Peltz says he isn’t backing down
Disney shares jumped after announcements meant to excite investors while activist investor Nelson Peltz tells CNBC he is pushing forward with a proxy fight.
Costco’s January sales rise 4.5%, with big boost from e-commerce
Costco January sales cool a bit from December sales, but rise 4.5% year on year.
SAT/ACT requirements are back at Dartmouth. Here are 3 reasons many other schools may not follow that course.
The school became the first Ivy League college to reinstate its testing requirement after a COVID-era pause
Warner Music to cut 600 jobs, or 10% of staff
Warner Music is cutting 10% of its workforce in a plan to restructure the company.
Disney is releasing a ‘Moana’ sequel in theaters this Thanksgiving
A "Moana" sequel will be released in theaters this Thanksgiving, Disney announced during its earnings call Wednesday.
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.
Social media chatter helps draw 3 million tourists in 3 days to a frigid city in northern China
Following a flurry of social media chatter, Harbin attracts a record-breaking number of visitors during the three-day New Year holiday.