WASHINGTON – U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal […]
US Mortgage Rates Rebound After Three Weeks of Decline Read More »
ZURICH – On Thursday, Novartis (NYSE: NVS), the Swiss pharmaceutical group, said it was winding up MorphoSys sites in Germany […]
Novartis Announces 330 Job Cuts as It Closes MorphoSys Sites Read More »
NEW YORK/SAN FRANCISCO – Amazon.com (NASDAQ: AMZN) workers at seven U.S. facilities walked off the job early on Thursday during […]
Amazon Workers Stage Walkouts at Seven US Facilities Ahead of Christmas Rush Read More »
A merger between Honda Motor (NYSE: HMC) and Nissan would not come with quick gains, as the automakers would first […]
Nissan-Honda Merger Would Not Bring Quick Fixes, S&P Says Read More »
WASHINGTON – The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions […]
Fed Lowers Rates But Sees Fewer Cuts in 2025 Due to Stubbornly High Inflation Read More »
On Wednesday, Unilever (NYSE: UL) said it has received an offer for its Unox and Zwan meat and soup brands […]
Unilever Gets Offer for Its Unox and Zwan Food Brands Read More »
Birkenstock (NYSE: BIRK) beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a margin […]
Birkenstock (NYSE: BIRK) Shares Jump on Upbeat Q4 Results Read More »
NEW YORK – U.S. stocks retreated on Tuesday and the Dow dropped for a ninth straight session, as investors exercised […]
Stocks Fall, Dow Drops for 9th Straight Session with Fed Decision Due Read More »
WASHINGTON – U.S. government agencies failed to meet the Biden administration’s fleet electric vehicle purchase targets and bought more than […]
US Government Agencies Fail to Meet Fleet EV Targets: GAO Report Read More »
ROME – On Tuesday, Stellantis (NYSE: STLA), the Fiat-maker, presented an upbeat plan to revitalize its output in Italy, aimed […]
Stellantis (NYSE: STLA) Unveils Ambitious Plan to Boost Manufacturing in Italy Read More »
LONDON – Investor allocations to U.S. equities have hit a record high this month, at the expense of European stocks, […]
Investor Allocations to US Equities at Record High, to Cash at Record Low, BofA Says Read More »
SAO PAULO -On Monday, Embraer (NYSE: ERJ), the Brazil-based planemaker, announced that it has signed a contract to sell 12 […]
Embraer Secures Deal to Sell 12 A-29N Super Tucano Aircraft to Portugal Read More »
MILAN – Carlyle Group (NASDAQ: CG), the private equity firm, has agreed to sell Italian firm Forgital, which manufactures forged […]
Carlyle Group Sells Italian Component Maker Forgital to Stonepeak Read More »
NEW YORK – Exchange operator Nasdaq is on track to beat the New York Stock Exchange (NYSE) on listings for […]
Nasdaq Tops NYSE in Listings for Sixth Straight Year as IPO Optimism Grows Read More »
ROME – On Sunday, Prime Minister Giorgia Meloni said that the Italian government is willing to work with Stellantis NV […]
Italy Ready to Work with Stellantis If Jobs and Plants are Preserved, Meloni Says Read More »
U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P […]
US Stocks Close Flat as Nasdaq Extends Weekly Gains, S&P 500 and Dow Dip Read More »
Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger’s (NYSE: KR) board to replace CEO Rodney […]
Local Unions Group Seeks Kroger CEO’s Ouster After $7.5 Billion Buyback Plan Read More »
On Friday, Britain’s competition regulator said it was launching a probe into asset management firm BlackRock’s (NYSE: BLK) 2.55 billion […]
UK Competition Watchdog Launches Probe into $3.22 Billion Blackrock-Preqin Deal Read More »
UnitedHealth Group (NYSE: UNH) CEO Andrew Witty mourned the killing of executive Brian Thompson and said he understood public frustrations […]
UnitedHealth Group CEO Acknowledges ‘Flawed’ US Healthcare System Read More »
HSBC Holdings (NYSE: HSBC) is reviewing its retail banking operations outside the UK and Hong Kong, which could see it […]
HSBC Reviews Retail Banking Outside UK and Hong Kong, FT Reports Read More »
WASHINGTON – U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if […]
A look at the day ahead in U.S. and global markets. With interest rates tumbling across the world and set […]
Morning Bid: Europe Eases with Swiss Surprise as Nasdaq Clocks 20K Read More »
BRUSSELS – On Wednesday, more than 20 price comparison websites across Europe criticized Google’s proposed changes to its search results, […]
Rivals Criticize Google’s Search Result Changes, Call for EU Antitrust Charges Read More »
WASHINGTON – On Wednesday, the U.S. Supreme Court dismissed an appeal by artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) seeking to […]
US Supreme Court Dismisses Nvidia’s Bid to Avoid Securities Fraud Lawsuit Read More »
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