Carvana is shedding about 1,500 folks, or 8% of its workforce, following a freefall within the firm’s inventory this yr and issues round its long-term trajectory.The e-mail from Carvana CEO Ernie Garcia cites...
Wells Fargo had about 18,000 loans in its retail origination pipeline within the early weeks of the fourth quarter, in line with individuals with data of the corporate’s figures. That's down as a...
Five years after buying and delisting Mobileye for $15.3 billion, Intel is putting it up for sale again with a price tag of $16 billion.That’s an embarrassing discount to the $50 billion value that...
Meta Platforms Inc., the owner of Facebook and Instagram, said it will freeze hiring and restructure some teams in an effort to cut costs and shift priorities.Chief Executive Officer Mark Zuckerberg announced the...
U.S. West Coast, Midwest low on fuel amid refinery outages, workPhysical gasoline market is diverging from bearish futuresThe US is running low on gasoline on the West Coast and in the Midwest, where...
Anyone been to a party with DJ Solomon, otherwise known as "D-Sol" to those in EDM circles. Apparently being a globally recognized DJ while Chief executive at the premier Wall Street investment...
