Joe Toppe, Fox Business

Joe Toppe

Fox Business

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Past articles by Joe:

GM offers buyouts as part of cost reduction plan

Automaker GM will offer buyouts for most of its salaried employees and global executives but said the actions are not job cuts. → Read More

Bitcoin slides on Silvergate fallout

The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand. → Read More

Snacking frenzy pushing Campbell’s Goldfish to $1B brand

Campbell Soup Company delivers on quarterly earnings and beats Wall Street expectations on 2023 guidance despite ongoing inflation and threat of recession. → Read More

Long-distance real estate investment in residential properties a hotbed in US South and Midwest

Long-distance real estate investment in single-family rental homes is growing amid inflationary pressures, interest rate hikes and an influx of instructional investors. → Read More

Tesla under investigation; steering wheels falling off

Tesla is under investigation by the National Highway Traffic Safety Administration after complaints steering wheels for the Model Y vehicle have fallen off. → Read More

White House watching Silvergate in crypto fallout

White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week. → Read More

Why Apple stock can rise over 30%: Goldman Sachs initiates first Buy since 2017

For the first time since 2017, Goldman Sachs has initiated first Buy on Apple since 2017 after saying shares could climb as high as 36% in 2023. → Read More

Altria buying vape maker NJOY for $2.75B

Altria will buy vape-maker NJOY and absorb the company’s NJOY ACE production as the only e-vapor product with market authorizations from the U.S. Food and Drug Administration (FDA). → Read More

FTX fallout hits Silvergate, bitcoin

Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate. → Read More

Inflation gives Kroger's private brands a boost

U.S. grocer Kroger reported upbeat earnings and an optimistic 2023 outlook on Thursday after raising prices due to inflation, surprising Wall Street analysts. → Read More

Macy’s earnings will reflect inflation’s impact on consumer spending, analyst

Macy’s is not predicted to beat Wall Street analysts’ predictions for sales and revenue over the fourth quarter and full year 2022. → Read More

Goldman Sachs gives strategy update at investor day

Goldman Sachs chairman and CEO David Solomon said the company made mistakes in its consumer business and would initiate other strategies to repair the issue. → Read More

Tesla investor day comes with stock rebounding, CEO Musk tweets Master Plan will be unveiled

Tesla will host the company’s first annual investor day on March 1, at its gigafactory facility in Austin, Texas and unveil its third Master Plan. → Read More

Boeing shares drop as 787 Dreamliner issues expand

The Boeing Company has stopped the delivery of its 787 Dreamliner after the company found an analysis error related to a fuselage component by supplier Spirit AeroSystems. → Read More

Ford extends F-150 production halt

The Ford Motor Co announced on Friday it was halting production of its F-150 Lightning pickup truck after a battery caught fire at an assembly plant in Louisville, Ky. → Read More

EV price war leaving delivery and fleet vehicles in the dark

As Tesla, Rivian, Lucid, Ford and GM cut electric vehicle costs in fight for retail consumers, fleet and distribution industry is not being electrified. → Read More

Nvidia shares soar day after Intel cuts dividend

Chipmaker Nvidia’s shares are up on Thursday after the company reported better-than-expected quarterly earnings on Wednesday and rival Intel slashed its shareholder dividend. → Read More

Walmart sells Moosejaw to Dick's Sporting Goods

Dick’s Sporting Goods will purchase outdoor outfitter Moosejaw from Walmart for an undisclosed amount. → Read More

Microsoft bringing AI chatbot to Bing, Edge Internet browsers

The Microsoft Corporation announced on Wednesday it would introduce its Chatbot AI technology to its Bing and Edge Internet browsers. → Read More

Intel slashes dividend

The Intel Corp.’s board of directors announced the reduction of its quarterly dividend to $0.125 per share of the company’s common stock due to macroeconomic uncertainty. → Read More