SunPower to Cut Almost One-Third of Workforce
SunPower Corp. will eliminate more than 25% of its workforce as the company copes with a prolonged slump in the rooftop solar business.
SunPower Corp. will eliminate more than 25% of its workforce as the company copes with a prolonged slump in the rooftop solar business.
Congressional passage Tuesday of authority granting President Joe Biden new powers to seize Russian dollar assets to aid Ukraine has intensified debate over the potential consequences of foreign demand for US Treasuries and use of the dollar.
EQT Corp., the largest US producer of natural gas, is now taking output cuts through May as prices hover near four-year lows because of weak demand. The company also reduced its sales guidance for 2024.
Stock market investors who have been reluctant to hedge their portfolios in the face of this year’s gains are starting to reconsider that strategy.
Donald Trump’s social media startup publicized a letter to the heads of various US House of Representatives committees, doubling down on claims that an illegal form of short selling may be hitting its stock.
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