Icahn Enterprises halves quarterly dividend months after short-selling report, shares plunge
Months into the fallout from a damning short-selling report, shares for corporate raider and activist investor Carl Icahn’s conglomerate Icahn Enterprises plunged Friday after the firm halved its quarterly dividend
1970-01-01 08:00
JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism
JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number
1970-01-01 08:00
Allianz Hedge Fund Manager Must Face US Fraud Charges, Judge Rules
A New York judge declined to dismiss charges against Gregoire Tournant, a former Allianz SE hedge fund manager
1970-01-01 08:00
Muni Bank Loans Top $200 Billion to Near Record
State and local governments are increasingly turning to banks for capital during financial distress and market volatility. Outstanding
1970-01-01 08:00
Russia says JPMorgan stops processing its grain payments
By Michelle Nichols UNITED NATIONS Russia said on Friday that U.S. bank JPMorgan had this week stopped processing
1970-01-01 08:00
Block Shares Drop Most Since March After Earnings Disappointment
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of
1970-01-01 08:00
The UN cut their food aid this summer. These Palestinians now struggle to find their next meal
Thousands of families in the West Bank and Gaza Strip are struggling with deep food insecurity two months after being cut from the United Nations’ main food assistance program
1970-01-01 08:00
Hedge fund investors hunt credit, equity portfolios
NEW YORK Big investors, such as pension funds and insurance companies, are willing to increase their allocation to
1970-01-01 08:00
SEC sues two ex-Canoo executives over reporting failures
By Jody Godoy The U.S. Securities and Exchange Commission sued two former executives of electric vehicle company Canoo
1970-01-01 08:00
Factbox-US banks outline expected costs to replenish FDIC's deposit insurance fund
U.S. banks have started to detail the expected impact to their costs from the "special assessment" fee they
1970-01-01 08:00
Italy plans measures to support key sectors including microelectronics
By Elvira Pollina and Giuseppe Fonte ROME Italy is preparing measures to support strategic industrial sectors including microelectronics
1970-01-01 08:00
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
1970-01-01 08:00