Sharpie Parent Newell Cuts Outlook on Tariff Hit 1 hr 12 min ago Newell Brands (NWL) shares sank Friday after the consumer products maker gave weaker-than-anticipated guidance on higher costs from tariffs. The parent of brands such as Rubbermaid and Sharpie sees full-year tariff expenses of $155 million compared to last year. It expects adjusted
Stock futures were sharply lower Friday morning as investors reacted to President Donald Trump’s latest moves on tariffs and digested a weaker-than-anticipated report on the labor market. Futures tied to the Dow Jones Industrial Average and S&P 500 were recently down 0.8% and 0.9%, respectively, while those linked to the tech-heavy Nasdaq slid 1.1%. The
Reddit Soars as Revenue Blows Past Expectations 20 minutes ago Shares of Reddit (RDDT) soared more than 20% Friday, a day after the social media platform turned a profit and beat revenue forecasts as it added more users. The company reported GAAP earnings per shareof $0.45 after posting a loss per share of $0.06 the year before.
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The Brief A Dallas man was sentenced to 20 years in federal prison for money laundering. Rahool Amin Makani must repay over $14.7 million stolen from investors in fake businesses. Makani used the defrauded money to fund a lavish lifestyle of private jets, luxury cars, and gambling. DALLAS – A Dallas man has been sentenced
A Gwinnett County man at the center of a Channel 2 Action News investigation into an alleged international Ponzi scheme is now facing a new federal lawsuit. The complaint filed this month in the U.S. District Court for the Northern District of Georgia accuses Ed Zimbardi of violating federal and Georgia state laws by misleading
GWINNETT COUNTY, Ga. — A Gwinnett County man at the center of a Channel 2 Action News investigation into an alleged international Ponzi scheme is now facing a new federal lawsuit. The complaint filed this month in the U.S. District Court for the Northern District of Georgia accuses Ed Zimbardi of violating federal and Georgia
Palantir is scheduled to report second-quarter earnings in the next week, and expectations are sky high. Adam Spatacco | The Motley Fool AI is already disrupting the job market Hiring managers are highlighting soft skills as a way employees can prove their value to the company. Palantir Technologies (NASDAQ: PLTR) has been one of the
High prices and interest rates are also impacting investors, with some larger buyers slowing their acquisitions. Major investors like Invitation Homes, Progress Residential and Amherst have all been shedding more homes than they are picking up so far this quarter, according to data from Parcel Labs. “We’re acquiring at a fraction of what we were
Nvidia’s CEO has sold millions of dollars worth of his company’s shares this year, and he’s not done selling yet. David Jagielski | The Motley Fool Nvidia CEO sells 100,000 shares of company stock Jensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of