In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in interest rates. What Happened: The nonfarm payroll growth for July was a mere 73,000, falling significantly short of the anticipated 100,000. Additionally, the figures for May and June were revised downwards by a total of 258,000. The unemployment rate for …
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5 Things AT&T’s Blunt Memo Says About Future of Corporate America
CEOs are done mincing words. AT&T CEO John Stankey didn’t hold back in a Friday message to managers at the 140,000-person company: “Commit to adjusting your own behaviors.” Stankey’s message comes about seven months after the company issued a strict return-to-office mandate and amid what the CEO described as a longer-term cultural shift underway. The 2,500-word memo is a rare …
Read More »Emily Blunt spotted for the first time on ‘The Devil Wears Prada 2’ set
Emily Blunt was seen for the first time on “The Devil Wears Prada 2” set. Robert O’Neil / BACKGRID She may never have made it to Paris, but Emily Charlton was just spotted in New York. Yes, actress Emily Blunt was seen for the first time on “The Devil Wears Prada 2” set — complete with her character’s signature fiery …
Read More »Procter & Gamble hikes US prices to blunt tariff hit as CEO transition looms – Reuters
Procter & Gamble hikes US prices to blunt tariff hit as CEO transition looms Reuters Procter & Gamble Says Consumers Are Under Stress The Wall Street Journal P&G beats on earnings, warns of $1 billion tariff hit Yahoo Finance P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases The Hill Cincinnati families with ties to P&G anxiously …
Read More »Morgan Stanley’s blunt challenge to GM CEO Mary Barra: ‘How does GM expect to be profitable with EVs when players like Tesla apparently cannot?’
General Motors and its legacy auto industry peers need a bold strategy for the future if they ever want investors to rethink their growth prospects, investment bank Piper Sandler warned on Tuesday. Otherwise their collective tinkering around on the edges with cost cuts here and inventory changes there amount to little more than rearranging the deck chairs on the Titanic, …
Read More »Obama’s blunt message for Democrats: ‘Toughen up’
CNN — Former President Barack Obama issued a call to action for Democrats at a private fundraiser in New Jersey on Friday evening, urging those frustrated by the state of the country under President Donald Trump to “stand up for the things that you think are right.” “I think it’s going to require a little bit less navel-gazing and a …
Read More »Jamie Dimon’s Blunt Message for Europe: ‘You’re Losing’
An anonymous reader shares a report: JPMorgan Chase boss Jamie Dimon did not pull his punches when he spoke at Ireland’s Department of Foreign Affairs. “You’re losing,” he said of European competitiveness with the U.S. and Asia, in comments reported by the Financial Times. “Europe has gone from 90% U.S. GDP to 65% over 10 or 15 years. That’s not …
Read More »Yankees’ Aaron Judge has blunt response after becoming fastest player to reach 350 home runs
The home runs keep flying and the records keep falling for Aaron Judge. The Yankees captain obliterated another long ball mark despite Saturday’s 5-2 loss to the Cubs, becoming the fastest player in major league history to reach 350 career home runs — and doing so more than a full season faster than the previous record holder. Judge’s two-run shot …
Read More »Jim Cramer drops blunt 6-word message on Nvidia stock – TheStreet
Jim Cramer drops blunt 6-word message on Nvidia stock TheStreet NVIDIA Corporation (NVDA): Its CEO’s “Changed The World,” Says Jim Cramer Yahoo Finance ‘The Nvidia Way’ author Tae Kim: Jensen Huang always positions Nvidia ahead of the next big trend MSN Cadence Design Systems, Inc. (CDNS) Benefits From Its Relationship With NVIDIA, Says Jim Cramer Insider Monkey Why Jim Cramer says Nvidia may score …
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