How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
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IBM, Lam Research rise; Tesla, Humana fall, Thursday, 1/25/2024
NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday: Tesla Inc., down $25.20 to $182.63. The electric vehicle maker reported disappointing fourth-quarter earnings and warned of “notably lower” sales growth this year. International Business Machines Corp., up $16.50 to $190.43. The technology and consulting company beat analysts’ fourth-quarter earnings and…
FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups
FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups
Robitussin maker recalls several lots of cough syrup due to contamination
WASHINGTON — The maker of Robitussin cough syrup is recalling several lots of products containing honey due to contamination that could pose a serious risk to people with weakened immune systems. Haleon’s recall covers eight lots of Robitussin Honey CF Max Day Adult and Robitussin Honey CF Max Nighttime Adult, which were distributed to stores…
FAA Tells Airlines to Check Door Plugs on Boeing 737-900ER
The Federal Aviation Administration recommended late Sunday night that airlines begin visual inspections of door plugs installed on Boeing 737-900ER planes, the second Boeing model to come under scrutiny this month. The F.A.A. said the plane has the same door plug design as the 737 Max 9, which had 171 jets from its fleet grounded…
US condemns ban on Venezuelan opposition leader’s candidacy and puts sanctions relief under review
CARACAS, Venezuela — The U.S. government and nearly 30 conservative world leaders on Saturday condemned the decision of Venezuela’s highest court to block the presidential candidacy of opposition leader María Corina Machado. The Biden administration, however, remained noncommittal about reimposing economic sanctions on Venezuela, which it has threatened to do if the government of President…
JPMorgan CEO Jamie Dimon gets $36M pay package in 2023
JPMorgan’s board awarded chief executive Jamie Dimon a 4.3% raise in 2023, lifting his annual pay to $36 million after the bank posted record profits for the fiscal year. The board granted Dimon a $1.5 million salary and $34.5 million of performance-based incentive compensation, according to a regulatory filing Thursday reviewed by Bloomberg. The 67-year-old’s compensation marks…