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MarketsU.S. MarketsMajor US stock indexes all rose for the week

Investment analysts are increasingly pessimistic about Intel’s future after the company issued a bleak financial report Thursday, questioning Intel’s ability to deliver on its turnaround plan and warning the chipmaker may raid its dividend shareholder. Susquehanna analyst Christopher Rolland called Thursday’s results a “disaster” and ” atrocious.” Rolland, who has a sell rating on Intel’s …

Intel’s ‘atrocious’ financial results alarm Wall Street, analysts say dividend at risk Read More »

Tesla Inc CEO Elon Musk raised concerns about the Federal Reserve increasing the interest rate by saying it could crush the stock market. During Tesla’s fourth-quarter earnings call last week, Musk said he’s worried that rates will soon exceed the average return of the S&P 500 If the Fed pushes interest rates past 6%, reports …

‘Quite A Serious Danger’ Of Crushing Stock Market Read More »

Text size Kimberly-Clark raised its dividend this week. Pavel Sytsko/Dreamstime.com Chevron , Kimberly Clark , Archer-Daniels Midland , and Comcast were among the large US companies that announced dividend increases this week. It’s been a busy week for these announcements, with the fourth-quarter earnings season in full swing. Chevron (ticker: CVX) declared a quarterly dividend …

Chevron, Comcast, and 10 More Companies That Raised Their Stock Dividends Read More »

Peet’s Coffee workers at the West Covell Boulevard location in Davis rallied along with supporters in front of the first Peet’s in the country to become part of a union. The crowd chanted, “No Justice. No Peet’s.””I love my job, and the community and I did not want to give it up,” said employee Rivad …

Movement brewing among Peet’s coffee employees as Davis shop is first to unionize Read More »

‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’Mortgage rates have tumbled to their lowest level since mid-September, drawing eager homebuyers out of their winter retreats.’ purchase demand is thawing from the months-long freeze that gripped the housing market,” says Sam Khater, chief …

‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’ Read More »

Despite the looming concerns of a recession, people still want to spend on travel. That was the big takeaway from the US airline industry’s fourth-quarter earnings season, where the last of the nation’s big carriers reported their results this past week. American Airlines was the latest to say it’s been earning record revenue as demand …

Airlines say demand shows few signs of letting up Read More »

Lauren Sanchez, the girlfriend of Jeff Bezos, shared that she was rejected from becoming a flight attendant because of her weight. (Photo: Axelle/Bauer-Griffin/FilmMagic) make the cut for Southwest’s weight limitations back in 1989. After leaving home at age 18, Sanchez, who is currently in a relationship with Amazon’s Jeff Bezos, moved to Los Angeles in …

Lauren Sanchez weighs too much to be a flight attendant Read More »

Hey, party people, it’s Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y’all, but it’s been a week. I’m dead tired and thankful it’s over. But because the news never sleeps, I’m rallying with the help of a fourth cup of coffee. …

Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI • TechCrunch Read More »

Security researchers have identified a new data-wiping malware they named SwiftSlicer that aims to overwrite crucial files used by the Windows operating system. The new malware was discovered in a recent cyberattack against a target in Ukraine and has been attributed to Sandworm, a hacking group working for Russia’s General Staff Main Intelligence Directorate (GRU) …

Hackers use new SwiftSlicer wiper to destroy Windows domains Read More »