The Danish shipping giant’s CEO said Maersk had decided to withdraw from the sales process after identifying challenges with integrating the German logistics company.
Banks increasing payouts the most included Wells Fargo and Bank of New York Mellon.
The savings stem mostly from general corporate cost cuts but do not include potential savings from changes in the global e-commerce segment, where the company is in the final stages of a strategic review.
Expect stocks to produce a negative-1.9% post-inflation return between now and 2034.
The GameStop CEO’s posts are closely followed for hints about his plans for the company.
Keith Gill, also known as Roaring Kitty, was a pivotal figure in the 2021 meme-stock frenzy.
U.S. voters may be left with a choice between extremists after President Joe Biden’s dismal debate performance, says billionaire investor Ray Dalio.
10 signs that stocks are short of breath.
