Citigroup to cut 20,000 employees

View in Browser January 12, 2024 Dow 37,592.98 0.31% S&P 500 4,783.83 0.08% NASDAQ 14,972.76 0.02% Last updated January 12 at 5:16 PM ET     Citigroup to cut 20,000 employees Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years.    Read full article   Analysis: Why stocks paying juicy dividends could make a comeback this year Shares of companies that offer steady payments could be back in the good graces of investors this year.    Read full article   Bank earnings look really bad this quarter. Here's why JPMorgan Chase kicked off earnings season Friday with a big miss. But that's because of some strange accounting.    Read full article   Oil prices rise as US-led strikes in Yemen raise fears of wider conflict US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher.    Read full article   Analysis: Five investors on their biggest takeaways from 2023 Many investors agree that markets were anything but predictable last year.    Read full article   Quaker Oats recall: Cap'n Crunch cereal, granola bars and more pulled over possible salmonella risk Quaker Oats on Thursday broadened its recall from last month of granola bars, snacks and other products due to possible Salmonella contamination.    Read full article   Today's movers AUVI 3.81 67.11% Applied UV, Inc. SYT 5.58 33.82% SYLA Technologies Co., Ltd. ADR NUBI 9.62 33.40% Nubia Brand International Corp. Class A LAES 2.26 28.71% SEALSQ Corp. NUKK 1.56 27.44% Nukkleus Inc. MINM 2.97 27.03% Minim, Inc. Last updated January 12 at 4:00 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2024 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303