Politcal First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch April 25, 2023 4 mins read 205 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 10, 2023 2 mins read 317 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 301 Views Associated PressLyft plunged 18% after its third-quarter earnings report missed investor expectations on revenue and ridership.The weakness suggested .. Read More
Real Estate Where will mortgage rates go after Trump’s State of the Union address? February 24 3 mins read 68 Views