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Dow announces 1,500 planned layoffs, Michigan impact unknown
Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.
Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce
Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...
S&P 500: Tech Stocks Struggle as Microsoft Drops, Meta and Tesla Shine
Meta and Tesla rise as Microsoft slumps, keeping US indices mixed. Investors await Apple and Amazon earnings while GDP and Fed policy weigh on sentiment.
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
Dow Misses Q4 EPS, Revenue Expectations
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
Dow, S&P 500 and Nasdaq climb after latest earnings and economic reports
U.S. stocks opened higher on Thursday, with the Dow shrugging off its premarket losses as investors reacted to the latest batch of corporate earnings and U.S. economic reports. Investors digested the ...
IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the ...
Dow cuts 1,500 jobs as it looks to save $1 bln amid market pressures
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
The Canadian Press on MSN2h
Stock market today: Meta climbs and Microsoft falls as Wall Street ticks higher
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading. The Dow Jones ...
WNEM-TV2h
Dow cutting 1,500 jobs to cut costs
MIDLAND, Mich. (WNEM) - Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30.
Dow Jones Today: Stock Futures Mixed as Investors Digest Flurry of Tech Earnings, Key Economic Data
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Caterpillar misses on revenue again, warns of a decline in 2025
For 2025, the slight decline in revenue the company expects contrasts with the current FactSet consensus of $66.01 billion, which is 1.9% above 2024 revenue of $64.81 billion. Net income for the ...