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 19:52
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 19:49
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 19:24
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 19:23
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 19:20
Thousands of flights are delayed or canceled following severe storms
Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that hammered the eastern United Sates.
2023-08-08 19:17
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 18:53
Backlight to Speak on Game Narrative Development and Collaboration at devcom Conference
BOSTON--(BUSINESS WIRE)--Aug 8, 2023--
2023-08-08 18:52
UPS Cuts Forecast With Labor Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 18:50
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 18:50
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 18:46
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:46