Unilever, the consumer goods giant, saw its shares rise on Thursday as it raised its full-year margin guidance and confirmed that the spinoff of its ice cream business is on track to be completed by the end of 2025. The company’s stock climbed nearly 8% during the morning, settling around 5.45% higher by 10:14 a.m.
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The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service. However, NextEra Energy is now considering restarting the nuclear plant as demand for carbon-free energy grows, especially amid a historic surge in electricity consumption. NextEra CEO John Ketchum highlighted the need for a thorough review of the risks
The current state of the job market is leaving many workers feeling disheartened and uncertain. Recent data shows that job seeker confidence in Q2 of 2024 has plummeted to the lowest level in more than two years. This decline in confidence signals that workers are increasingly pessimistic about their prospects of securing their desired jobs.
As the job market transitions from the rapid pace seen during the pandemic era, many workers are expected to experience a reduction in their annual raises for the upcoming year. According to a recent survey conducted by WTW, a consulting firm, the average worker is projected to receive a 4.1% pay raise in 2025, down
As Tesla prepares to announce its second-quarter earnings, the pressure is on for the electric vehicle giant to prove its resilience amidst a tumultuous period. With the company having faced challenges in the form of layoffs and declining vehicle deliveries, investors are eagerly awaiting to see if Tesla can bounce back. According to analysts surveyed
Despite the overall positive performance of the U.S. economy in recent years, a significant portion of Americans seem to perceive the country as being in a recession. Recent surveys have shown that approximately 3 in 5 individuals believe that the U.S. is currently experiencing a downturn in economic activity. While official data indicates that the
Spot ether exchange traded funds are hitting the market, marking a significant moment for Ethereum and the wider cryptocurrency community. These ETFs are designed to provide investors with direct exposure to ether, the digital asset that powers the Ethereum network. As the industry evolves, the introduction of spot ether ETFs is seen as a crucial
The second-quarter earnings report from United Parcel Service (UPS) was met with disappointment as both their profit and revenue fell below expectations. This led to a 7% drop in UPS shares during premarket trading. The company revised its 2024 revenue guidance from a previous forecast of $94.5 billion to approximately $93 billion. Moreover, UPS adjusted
Berkshire Hathaway, led by Warren Buffett, made the decision to trim its significant Bank of America holding for the first time in over 4 years. This move comes after the bank’s strong performance throughout 2024. The conglomerate sold a total of 33.9 million shares of Bank of America in separate sales conducted on Wednesday, Thursday,
As Gen Xers are beginning to hit age milestones that grant them access to penalty-free retirement funds, it’s important for them to navigate this new phase with caution. Turning 59 ½ is a significant point, enabling individuals to withdraw money from their IRAs and 401(k)s without penalties. However, this access should be seen as a