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Moody's warns it could cut credit ratings of 6 big US banks
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:48
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:37
Italy shocks banks with 40% windfall tax for 2023
Italy shocks banks with 40% windfall tax for 2023
By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent
2023-08-08 19:35
Taylor Swift friendship bracelet trend has Etsy shop owners cashing in
Taylor Swift friendship bracelet trend has Etsy shop owners cashing in
Jamie Thompkins works full-time as an events manager in Oklahoma City, Oklahoma, but stays up well past midnight to work on her budding side hustle: making friendship bracelets for Taylor Swift concert goers.
2023-08-08 19:33
Here's what CEOs are saying about consumer spending
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:20
UPS lowers 2023 forecast after Teamsters union agreement
UPS lowers 2023 forecast after Teamsters union agreement
UPS lowered its full-year outlook on Tuesday, citing the volume effects and higher costs of its recent labor negotiation as the shipping company reported...
2023-08-08 19:18
Under Armour beats quarterly sales estimates on steady demand
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:15
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:43
Backlight to Speak on Game Narrative Development and Collaboration at devcom Conference
Backlight to Speak on Game Narrative Development and Collaboration at devcom Conference
BOSTON--(BUSINESS WIRE)--Aug 8, 2023--
2023-08-08 18:30
SoftBank reports mixed quarter, says 'timidly' restarting investment
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:29
Obesity Drug Wegovy Cuts Risk of Heart Attacks and Strokes by 20%, Study Shows
Obesity Drug Wegovy Cuts Risk of Heart Attacks and Strokes by 20%, Study Shows
Novo Nordisk A/S shares surged to a record after the Danish company’s blockbuster obesity medicine Wegovy reduced the
2023-08-08 18:27
Top Lazard restructuring banker Kurtz departs for Hilco
Top Lazard restructuring banker Kurtz departs for Hilco
By Mike Spector NEW YORK David Kurtz, Lazard Ltd's global head of restructuring, has agreed to join Hilco
2023-08-08 18:27
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