Meta Platforms plans to eliminate 5% of low performers – Bloomberg
Investing.com — Meta Platforms Inc (NASDAQ:META)., the parent company of Facebook, has announced plans to remove approximately 5% of its lowest-performing employees, according to a report from Bloomberg, citing a memo sent to employees. The company intends to refill these
Portillo stock surges on strong 4Q sales
Investing.com — Shares of Portillo’s Inc. (NASDAQ:PTLO) soared by 18% following the company’s announcement of preliminary fourth-quarter same-store sales growth that exceeded Wall Street’s expectations. The fast-casual restaurant chain reported a 0.3% increase in same-store sales, outpacing the Visible Alpha
Morgan Stanley on UK investing intentions
Investing.com – UK assets have been in the spotlight of late, and given this uncertainty prompted Morgan Stanley (NYSE:MS) to poll investors for their views, intentions, and positioning on UK assets. “Overall, the survey was encouraging in that a
Spanish leader’s opponents say ‘xenophobic’ foreign homebuyer tax will not be applied
By Corina Pons and David Latona MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez’s opponents on Tuesday said a proposed tax on property purchases by non-European Union residents was “xenophobic” and they would not apply the levy in the regions where
Davos to welcome Trump virtually as he takes on US presidency, world awaits policies
By Marwa Rashad LONDON (Reuters) – Donald Trump will attend next week’s World Economic Forum meeting in Davos digitally, its organisers said on Tuesday, as world leaders wait to hear more about the incoming U.S. President’s policies and his pledge to