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Monthly Archives: July 2023

Heatwave in Italy sees temperatures near a European record

An unrelenting heatwave stretching across southern Europe is expected to push temperatures close to a record on Tuesday, with emergency workers in Spain, Greece and the Swiss Alps battling to contain wildfires. Italy, Spain and Greece are all forecast to see the mercury shoot above 40 degrees Celsius (104 Fahrenheit) …

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Novartis (NVS) earnings report Q2 2023

Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines. Bloomberg | Bloomberg | Getty Images Novartis shares jumped on Tuesday after the Swiss drugmaker raised its full-year guidance on strong drug sales and announced a $15 …

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Bloomingdale’s, Gap, Aldo look to boost sales

Bloomingdale’s is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie box where shoppers can strike a pose. Bloomingdale’s NEW YORK CITY — In the middle of Manhattan, shoppers can step …

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Charles Schwab stock pops 12% after second-quarter results beat expectations

A man passes by a location of financial broker Charles Schwab in the financial district in New York, March 20, 2023. Brendan McDermid | Reuters Shares of brokerage firm Charles Schwab rose sharply Tuesday after the company’s second-quarter report topped expectations. Schwab generated 75 cents in adjusted earnings per share …

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32-year-old tech worker posted salaries of all her jobs on LinkedIn

Young workers are going all in with salary transparency, whether they’re sharing how much they’re paid with social media followers or co-workers and friends in real life. And Charlotte Chaze, 32, a Philadelphia-based tech worker took it another step further: She recently posted the salaries of all of her previous …

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Bank of America, Pinterest, Masimo & more

A pedestrian walks by the Pinterest headquarters on April 09, 2019 in San Francisco. Justin Sullivan | Getty Images Check out the companies making the biggest moves before the bell: Bank of America — Bank of America added 0.4% in the premarket after beating top and bottom line estimates for …

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Trump says special counsel told him he’s a target in Jan. 6 probe

Former President Donald Trump on Tuesday said he has been told he is a target in the Jan. 6 criminal investigation by special counsel Jack Smith. Trump is the leading contender for the 2024 Republican presidential nomination. Smith already has criminally charged Trump with about three dozen counts related to …

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Is Biden’s $39 billion student loan forgiveness action legal?

President Joe Biden and U.S. Secretary of Education Miguel Cardona, June 30, 2023. Demetrius Freeman/The Washington Post via Getty Images How are the two loan forgiveness actions different? The latest action isn’t the same as the broad debt-cancellation plan originally sought by the White House, which Supreme Court justices struck …

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Twitter laid off workers in Africa last year. They say they’ve been ignored

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Former Twitter employees in Ghana, who were …

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United adds Tokyo, Manila and Taipei flights

A United Airlines plane sits on the tarmac at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday mapped out another expansion of Asia flights in the coming months, part of its push to capitalize on a boom in long-haul international travel that has helped drive …

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