Just after beating profit estimates for the first quarter of 2024, Kenvue (NYSE:KVUE) has announced plans to reduce its global workforce by 4%. Formerly a division of Johnson & Johnson (NYSE:JNJ ...
Kenvue Inc.’s stock jumped 2% early Tuesday, after the consumer health business that was spun out of Johnson & Johnson last year posted better-than-expected first-quarter earnings and announced ...
Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples ...
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The Federal Reserve is far less likely to start cutting interest rates as soon as September, traders bet on Friday, after a U ...
After Johnson & Johnson's consumer healthcare spinoff last year—and its subsequent reduction in holdings in the new company—the healthcare conglomerate is once again cutting its stake in Kenvue.
Microsoft is cutting a total of around 1,000 jobs across the company, in areas including its Azure cloud unit and HoloLens ...
Johnson & Johnson is selling its remaining shares in Kenvue Inc., the consumer-health business that it spun out last year. The company will exchange the 182.3 million shares of Kenvue’s common ...
Walmart Inc announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a shift ...
A surprisingly strong May jobs report added to market concerns that inflation pressures remain elevated in the world's biggest economy. The U.S. economy added more than a quarter-million new jobs ...
Company plans debt-for-equity exchange with Goldman Sachs and J.P. Morgan, followed by a secondary offering of 182.3 million Kenvue shares Johnson & Johnson is selling its remaining shares in ...