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Top ticker trends in after-hours trading: Applied materials (HUGE): The semiconductor equipment maker issued a bullish outlook despite supply chain challenges, sending shares higher after hours. AMAT forecast fourth-quarter revenue of $6.65 billion, higher than Street estimates. In the earnings release, CEO and Chairman Gary Dickerson said, “We are confident in our ability to weather
The CEO of Seattle, Idaho, who gained national notoriety for setting a minimum wage of $70,000 for all of his employees — and reducing his accordingly — has quit the company he founded in university amid misdemeanor assault charges. Dan Price said he was leaving Gravity Payments, a credit card processing company, to devote more
Comment this story Comment The Seattle CEO, who gained national notoriety for setting a $70,000 minimum wage for all of his employees — and cutting his own salary accordingly — has quit the company he founded in college in amid misdemeanor assault charges. Dan Price said he was leaving Gravity Payments, a credit card processing
The story at a glance A report by All Points North found that an increasing number of physicians are turning to alcohol and drugs at work. In the past three months, 1 in 7 physicians admitted to using alcohol or controlled substances at work. At the same time, 1 in 5 healthcare workers said they
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Investors are still evaluating Wednesday’s Fed minutes Kohl’s slashes 2022 forecast Indices: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK, Aug 18 (Reuters) – U.S. stocks ended higher on Thursday as upbeat sales forecasts from Cisco Systems helped boost the tech sector, while data showed the economy remained relatively strong. Investors
Comment this story Comment A federal judge on Thursday ordered the immediate reinstatement of seven Starbucks baristas in Memphis, who were fired earlier this year after speaking to a local television station about their union campaign, the National Labor Relations Board confirmed. The National Labor Relations Board had filed a lawsuit challenging the dismissal, in
Starbucks chief operating officer John Culver is leaving the company after two decades with the coffee chain, as part of a restructuring that will eliminate his role. His exit comes amid a broader Starbucks management shakeup. Former CEO Kevin Johnson retired earlier this year, leading Howard Schultz to take over as the company’s interim chief
A Seattle CEO once hailed for taking pay cuts to boost salaries for all of his employees has quit amid misdemeanor assaults and reckless driving charges. Dan Price, 38, announced on Wednesday that he was resigning from Gravity Payments, the credit card processing company he founded in 2004 when he was 19. “My #1 priority
Among the first location data brokers to be publicly criticized by the Federal Trade Commission for allegedly selling sensitive reproductive health data is Kochava, Inc. In a lawsuit filed by the adtech company this week, Kochava has asked a federal court to intervene and stop the FTC. of an alleged overrun. Kochava’s complaint revealed for
It’s part of an overall shift by Dodge, the U.S. performance car division of Stellantis, toward electrified vehicles. The brand’s current gas-powered muscle cars, the Charger and Challenger, will cease production next year. The concept muscle car, called Dodge Charger Daytona SRT, looks like a model that will go on sale in 2024, executives say.