Wells Fargo, the third-biggest U.S. bank, plans to lower its employee headcount by 5 percent to 10 percent in the next three years as part of its ongoing turnaround plan, the company announced Thursday.
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General Electric (GE) shares slumped Thursday after JPMorgan analysts cut their price target on the struggling conglomerate amid concerns that a key gas turbine launch would hit the group's earnings.
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Any thrill about seeing the Dow at its all-time high pretty much goes up in smoke once you consider the buzz around pot stocks. Weed stocks, such as Canadian-based Tilray, are lighting up the market and giving plenty of 20-year-old speculators reason …
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Airlines have been making a push for more revenue from surcharges such as flight-change and baggage fees. Photo: James Lawler Duggan/Reuters.
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By Thomas Heath | Washington Post. U.S. stock markets smashed records Thursday as investors tuned out politics, natural disasters and trade to focus on a flourishing economy that is producing robust corporate earnings.
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