Ford Expected to Slash Vehicle Production Over Chip Shortage

A global semiconductor shortage is expected to slash Ford F 1.23% Motor Co.’s vehicle output by up to 20% in the first quarter of this year, illustrating how deeply the fallout from the computer-chip crunch has hit the car business. Ford said Thursday it plans to cut...

Activision Blizzard Net Income Falls on Higher Revenue

Activision Blizzard,  (ATVI) – Get Report reported  after the bell that fourth-quarter net income per share fell 4.4% on 22% higher revenue driven by growth in its key gaming franchises. The company also said its board authorized $4 billion in stock buybacks. ...

Nordstrom to move out of one downtown Seattle office tower

By Seattle Times staff reporter After a year that saw the Seattle-born retailer lay off workers and close stores, Nordstrom said Tuesday it will leave its offices on Seventh Avenue near Olive Way downtown, where it occupies a large part of a 24-story tower. In a...

HomeServe Cares Foundation Awards $132,000 in Grants in 2020

The MarketWatch News Department was not involved in the creation of this content. In 2020, HomeServe USA, a leading provider of home repair solutions, awarded seven grants totaling more than $92,000 through its HomeServe Cares Foundation (HSCF) “Caring for Community”...