Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:21
CVS to Cut 5,000 Positions in Cost-Reduction Effort
CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain
2023-08-01 20:55
Pfizer Misses Quarterly Sales Estimates, Lowering Outlook
Pfizer Inc. missed revenue estimates for the second quarter as sales of its Covid pill fell drastically short
2023-08-01 19:21
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 18:53
Uniper Expects Plan by Year-End for German State Exit
Uniper SE expects the German government to lay out an exit strategy from the company by the end
2023-08-01 18:48
US, Europe Growing Alarmed by China’s Rush Into Legacy Chips
US and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors
2023-08-01 17:45
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:29
Russia Says Ukrainian Drone Hit Moscow Tower Again in Attack
Russia’s Defense Ministry said it shot down two Ukrainian drones over Moscow region early Tuesday and electronically jammed
2023-08-01 17:17
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:55
Man Group Reports Pretax Profit Drop on Lower Performance Fees
Man Group Plc saw pretax core profit decline in the first half of the year even as assets
2023-08-01 16:28
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:49
Europe Gas Prices Extend Gains as Risks Outweigh Rising Storage
European natural gas prices rose for a second session as supply risks and uncertainty about the upcoming winter
2023-08-01 15:49