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News
Wendy's stock soars as meme traders target another turnaround play
2+ mon, 2+ week ago (207+ words) Wendy's shares surged in premarket trading Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain's latest executive appointment. The stock climbed more than 16% before the opening bell on heavy volume after Wendy's disclosed…...
Intuit CEO to accountants: "You are the customer, not a channel"
2+ mon, 2+ week ago (754+ words) Intuit CEO Sasan Goodarzi declared today that, going forward, accountants are the customer not the channel and consequently they will be serving them as the customer. "We are here to be your partner. Not compete with you," he said. This…...
Wells Fargo CEO sees 'more downside' to U.S. economy as lower-income consumers struggle
1+ year, 4+ day ago (306+ words) Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat. The bank's data shows that "companies are in really great shape" and spending and debt repayment rates…...
Centri scores $20M credit facility from Citizens Financial
3+ mon, 2+ week ago (356+ words) Centri said Tuesday the funds would be used for the next phase of its strategic growth plan, focusing on acquisitions and talent investments at every level, including key leadership and partner hires, across each market in which the firm operates....
Which company will the U.S. government take a stake in next? Here’s what traders think
3+ mon, 3+ week ago (317+ words) Quantum stocks jumped this week on news that the U.S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump's administration continues to acquire shares of private sector companies. So where might the government take its shopping…...
PwC, EY lay off executive assistants as AI accelerates
3+ mon, 3+ week ago (732+ words) PwC's U.S. arm laid off about 600 executive assistants, recruiters and other support staff in February, according to people familiar with the situation. The cuts followed months of uncertainty among the Big Four accountancy's non-client-facing employees after restructuring plans were announced last…...
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
3+ mon, 3+ week ago (460+ words) Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on which private AI giant will debut on the public markets first. Traders on Kalshi now see OpenAI as the…...
What makes a Best Firm for Technology?
3+ mon, 3+ week ago (898+ words) A look inside what it takes to truly get the most out of your firm's technology, based on the results of our annual Best Firms for Technology list, and with insights from Roman Kepczyk of Rightworks. How you doing, Roman?...
The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
4+ mon, 2+ week ago (379+ words) The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it. VettaFi's Cinthia Murphy told CNBC's "ETF Edge" this week that there are now more ETFs tackling the space theme more directly…...
CEO pay growth accelerates at S&P 500
4+ mon, 2+ week ago (287+ words) For these large cap companies, median CEO pay grew 10.6% from the 2025 to 2026 filing periods, representing an acceleration from the 7.5 percent rise observed between the 2024 and 2025 filing periods, according to the analysis. Large cap companies generally showed robust total shareholder returns…...