slashes

Earnings

United Airlines slashes 2026 forecast as fuel costs surge, but demand remains strong

A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026. Al Drago | Getty Images

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Earnings

Block shares soar as much as 24% as company slashes workforce by nearly half

Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed

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Economy

Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy

Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday

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Earnings

Lululemon shares plunge 20% as it slashes earnings outlook, projects $240 million tariff hit

Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs

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Economy

Denmark slashes 2025 growth forecast amid Novo Nordisk slowdown

The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen

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Business

Boeing slashes losses as CEO touts ‘our turnaround year’

The nose cone of a Boeing 787 being displayed on the tarmac during the Paris Air Show at Le Bourget

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Business

Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to

Shares of Abercrombie & Fitch soared Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are

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Earnings

Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half

Shares of Walgreens closed 5% lower on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped

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Earnings

Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts

Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered

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