Intel Slumps on Disappointing Earnings Amid PC Weakness 
 

The once-booming chip industry has been hurt by flagging consumer appetite amid worries over possible recession.

 
Hasbro to Cut Global Workforce by 15% 
 

The layoffs are another signal that economic uncertainty has spread beyond the technology and media sectors.

 
Visa rides a wave of spending to an earnings beat 
 

Visa shares gained more than 1% in after-hours trading Thursday after the financial-technology powerhouse topped earnings and revenue expectations for its latest quarter.

 
Elliott Prepares to Nominate Slate of Directors at Salesforce 
 

The activist investor has made a multibillion-dollar investment in Salesforce and is having conversations with numerous technology executives as well as those with other industry backgrounds

 
Wells Fargo Chief Made $24.5 Million Last Year 
 

Charles Scharf was eligible for his full target pay of $27 million but turned down a raise.

 
Spotify Goes Down for Many Users Before Service Restored 
 

The streaming service's web player and app were temporarily affected.

 
Bed Bath & Beyond Says Banks Cut Off Its Credit Lines 
 

The retailer said it doesn't have the funds to repay its banks after they determined the company has defaulted on its credit lines.

 
Bankers, Executives Pay Up for Wall Street Texting Scandal 
 

Morgan Stanley and JPMorgan are making employees share the pain of regulatory fines for the improper use of messaging apps.

 
Airbus to Hire 13,000 Workers as Delivery Delays Rise 
 

The European plane maker plans to expand its staff by 10% to meet surging aircraft and travel demand.

 
A Deal for Realtor.com Could Allow CoStar to Better Compete With Zillow 
 

CEO Andrew Florance began building up the company's residential business in 2020.

(END) Dow Jones Newswires

January 26, 2023 21:15 ET (02:15 GMT)