C&E Industry News Filter

Google, Oracle, Amazon, Microsoft to share $9 billion ‘return of JEDI’ defense contract

Alphabet Inc.’s Google, Oracle Corp., Amazon.com Inc., and Microsoft Corp. will share a $9 billion hybrid contract to provide secure cloud services for the Pentagon worldwide, the Department of Defense said Wednesday. In the Pentagon’s daily contract announcements, Alphabet GOOG, -2.22% google, -2.10%, Oracle Oracle, -0.16%, Microsoft MSFT, -0.31%, Amazon AMZN, +0.24% were jointly named …

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Intel begins layoffs and offers unpaid leave to manufacturing workers

The layoffs and cost-cutting that Intel Corp. Executives recently warned about have begun in California, with a couple of hundred employees set to lose their jobs next month, and manufacturing employees worldwide being offered unpaid leave. According to letters Intel INTC, -1.95% sent to the state Employment Development Department, the company is laying off 111 …

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Interactive: Here are the politicians who received money from FTX’s Sam Bankman-Fried

Sam Bankman-Fried opened up his wallet to Washington in a big way during the 2022 election cycle, donating about $40 million publicly. So which politicians got money from the founder and former CEO of collapsed cryptocurrency exchange FTX? MarketWatch has compiled an interactive list below of the candidates and committees who received funds from Bankman-Fried …

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Bank of America stock plunges, leading selloff in shares of the largest US banks

Shares of many of America’s largest banks are falling sharply this week after a period of performance that saw Goldman Sachs Group GS, -2.32% claw back practically all of its losses from earlier in the year. Shares of Bank of America Inc. BAC, -4.26% Shares were down 5.5% Tuesday afternoon at $32.57, their lowest level …

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10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023

Stocks of companies that raise dividends consistently have improved during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded list of Dividend Aristocrats. That’s followed by a list of Aristocrats with the highest dividend yields. First, let’s define this group of stocks. Holding up …

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How Far Should You Walk to Improve Your Health? You won’t like the answer.

Text size Yes, it really takes that many steps to stay in shape. Dreamstime.com Walking 10,000 steps a day is one of those mysteriously decided good things we should all do, much like drinking eight glasses of water a day. I read it comes from a Japanese marketing campaign in the 1960s. I’d like to …

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Fed’s shrinking of balance sheet via quantitative tightening is ‘a complete mistake,’ says Mizuho

The Federal Reserve’s attempt at shrinking its balance mistake sheet through so-called quantitative tightening, or QT, is “a complete,” according to Mizuho’s chief economist for the US “There is a nontrivial probability that market liquidity will be adversely affected well before the targeted $2 trillion has rolled off, preventing the Fed from accomplishing its goal,” …

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