American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
Dec 5, 2024
Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,
Volkswagen Faces Major Strikes in Germany Amid Wage Disputes and Plant Closure Concerns
Dec 2, 2024
Volkswagen (VW) workers across Germany launched massive strikes on Monday, marking the company’s most significant labor disruption since 2018. Tens of thousands of employees at nine of VW’s ten German plants participated in the walkouts, organized by the IG Metall labor union. What