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Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

MIDLAND, Mich. (WNEM) - Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30.

Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.

The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.

Dow said the staff reductions are part of a plan to cut $1 billion in costs, citing “persistently weak macroeconomic ...

Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.

Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.

The job cuts and cost reduction will be "very targeted at lower margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair ...

MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings.

Dow Inc.’s stock rose 2% early Thursday, after the material-sciences company said it’s cutting 1,500 jobs as part of a ...