Three days into a historic work stoppage, dockworkers at East and Gulf Coast ports reached a tentative deal with their employer.
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After a runup of nearly 8% in the past six weeks, the market and its Big Tech drivers appear to be taking a break.
Some glum news from both the PC and semiconductor sector has tech investors feeling a little more cautious.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.