The IBM Corporation has announced that it would lay off 3,900 employees. Moreover, the company has missed its annual cash target.
The CEO of Tesla Elon Musk has recently stated that the recent price cuts have increased demand for the company's vehicles, which should increase total sales.
The oil company Chevron has announced that it is tripling its share buyback budget from $25 billion up to $75.
Nokia has revealed that it expects the company to increase its telecoms market share and its sales in 2023.
In December, advertising expenditure on Twitter ads had decreased by 71%. The information has been compiled and published by Standard Media Index.
Due to a weakening of exports to Asia, the Japanese government has cuts its overall economic outlook for the first time in a period of 11 months.
The airline EasyJet has revealed that due to strong bookings for 2023 the company expects a return to profits.
The insurance broker Aon has revealed that due to various climate disasters the world has suffered a loss of $313 billion in 2022.
Volvo Cars has announced a recall of 106,900 cars due to possible faulty brakes. The recall affects most of 2023 make models.
US business jet buyers have been looking for current owners of airplanes, which might be having issues with making payments due to the ongoing financial market turbulence.
Johnson & Johnson has announced that due to high expectations in the pharmacy sector the company would increase its 2023 profit forecast.
The US aerospace company Raytheon has revealed better than expected quarterly profits, as strong demand for travel has caused demand for new jet engines, service and parts.
General Electric has decreased its 2023 profit expectations due to the company struggling in its renewable energy business.
Due to a weakening of consumer demand, 3M Company has announced that it would lay off 2,500 employees.
Reuters has revealed to the world that Binance had processed $346 in bitcoin for the exchange Bitzlato. The currency exchange's co-founder and majority holder Anatoly Legkodymov is being charged by the US Justice Department with money laundering.
The US arms producer Lockheed Martin Corporation has revealed that higher costs and supply bottlenecks are expected to decrease the company's profits.
Verizon Communications has decreased its annual profit forecast, as the company struggles to deal with a decline in wireless customer growth.
In a sudden surprise European Purchasing Managers Index has revealed that in January business activity had returned to growth.
The US online retailer Amazon has revealed that it would offer a $5 monthly healthcare subscription plan.
Honda Motor Company has revealed that it would increase its efforts to create electric vehicles by establishing a new company division.
Ford has revealed that it would reduce up to 3,200 jobs in its European subsidiaries. Unions have reacted to the announcement with a pledge to fight the layoffs.
The United States Energy Secretary Jennifer Granholm has been revealed by Reuters to have issued a warning to Republicans that limiting the President's authority to use the country's oil reserves could increase oil prices.
The head of the Dutch central Bank Klaas Knot has stated that the markets are underestimating the rate hikes, which are planned by the European Central Bank.
The US online retailer sent out a memo on Wednesday, which ordered firing employees by the end of the day in the United States, Canada and Costa Rica.