Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert

Athletic apparel brand Outdoor Voices is just the latest in a long line of companies to conduct mass layoffs — and “totally mishandle” them, says a leadership expert. Employees were notified on Wednesday, via an internal Slack message, that the company was closing all 16 of their brick and mortar stores, “embarking on a new … Read more

Stock market today: Live updates

Traders work the floor of the New York Stock Exchange. NYSE The S&P 500 was lower on Wednesday, pulling back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally. The broad market index slipped 0.19% to close at 5,165.31, while the Nasdaq Composite lost 0.54% to 16,177.77. The … Read more

Earnings from Adobe and dollar stores

CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more

Dollar General tries to drive a turnaround after safety violations

Dollar General has gotten hit by steep fines for safety violations, slammed on late-night TV and even overruled by its own shareholders. On Thursday, CEO Todd Vasos laid out on an earnings call with investors the discounter’s plans to try to turn around both the company’s performance and its public relations problems. He said the … Read more