Latest Business News
Diversified Energy: Q4 Earnings Snapshot
BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Diversified Energy (DEC) on Tuesday reported earnings of $758 million in its fourth quarter. On a per-share basis, the Birmingham, Alabama-based company said it had net income of $15.95. Earnings, adjusted for non-recurring gains,...
Belgian fashion designer Dries Van Noten is to step down at the end of June
BRUSSELS (AP) — Belgian fashion designer Dries Van Noten says he will step down from his namesake brand at the end of June. Van Noten said in a statement Tuesday that the 2025 men’s Spring-Summer collection will be the last in his current role. He added that the women’s...
Unilever to cut 7,500 jobs and spin off its ice cream business, which includes Ben & Jerry's
LONDON (AP) — Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. London-based Unilever said its ice cream business, which also...
Formula Systems: Q4 Earnings Snapshot
OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Tuesday reported earnings of $15.7 million in its fourth quarter. The Or Yehuda, Israel-based company said it had net income of $1.01 per share. The information technology...
Core & Main: Fiscal Q4 Earnings Snapshot
ST. LOUIS (AP) — ST. LOUIS (AP) — Core & Main Inc. (CNM) on Tuesday reported fiscal fourth-quarter profit of $63 million. On a per-share basis, the St. Louis-based company said it had net income of 34 cents. The results met Wall Street expectations. The average...
4 things to know from Elon Musk's interview with Don Lemon
SAN FRANCISCO (AP) — Former CNN reporter Don Lemon mixed it up with Tesla CEO Elon Musk in an interview Lemon posted on Musk’s X social network Monday. The interview was supposed to kick off Lemon’s new talk show on X, formerly known as Twitter, at least until Musk canceled the show shortly...
MAG Silver: Q4 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — MAG Silver Corp. (MAG) on Tuesday reported fourth-quarter earnings of $15.7 million. The Vancouver, British Columbia-based company said it had net income of 14 cents per share. The results...
Caleres Inc.: Fiscal Q4 Earnings Snapshot
ST LOUIS (AP) — ST LOUIS (AP) — Caleres Inc. (CAL) on Tuesday reported fiscal fourth-quarter earnings of $55.8 million. On a per-share basis, the St. Louis-based company said it had profit of $1.57. Earnings, adjusted for pretax gains, were 86 cents per share. The...
Citi Trends: Fiscal Q4 Earnings Snapshot
SAVANNAH, Ga. (AP) — SAVANNAH, Ga. (AP) — Citi Trends Inc. (CTRN) on Tuesday reported profit of $3.6 million in its fiscal fourth quarter. On a per-share basis, the Savannah, Georgia-based company said it had profit of 42 cents. Earnings, adjusted for one-time gains and costs,...
Millennial Money: Navigating the SSI ‘marriage penalty’
Jennifer Updike and Lewis Fredette, of Auburn, New York, got engaged in December 2023. The couple, who are both on the autism spectrum, look forward to moving in together soon and tying the knot in a religious ceremony. But because they both receive Supplemental Security Income —...