Politcal First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch April 26, 2023 4 mins read 72 Views First Republic's bosses expect to lay off 20% to 25% of the bank's employees this quarter.YouTube / Office SpaceFirst Republic's first-quarter report .. Read More
Business There's one big problem with Nike's plan to sell sneakers directly to consumers — they still love to shop at Foot Locker and Dick's January 11, 2023 2 mins read 140 Views Nike's CEO recently touted a meeting with Foot Locker's CEO.Xavi Lopez/SOPA Images/LightRocket/Getty ImagesThe sportswear giant has been aggressively .. Read More
Business Lyft plunges 18% after disappointing 3rd-quarter earnings suggest Uber is taking share from the ride-hailing company November 9, 2022 2 mins read 152 Views Associated PressLyft plunged 18% after its third-quarter earnings report missed investor expectations on revenue and ridership.The weakness suggested .. Read More