
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:55

Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as
2023-08-02 05:27

Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited
2023-08-02 05:21

Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
2023-08-02 05:20

GM recalls more vehicles with Takata air bag inflators that could explode
General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments.
2023-08-02 04:58

Best Buy Appoints Dave Kimbell to Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Aug 1, 2023--
2023-08-02 04:55

Lunchables is heading to the produce aisle with a fresh fruit snack tray
said
2023-08-02 04:53

An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison
The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements
2023-08-02 04:51

X marks the lawsuit: Elon Musk's social media company sues nonprofit highlighting site's hate speech
A nonprofit organization that researches links between social media, hate and extremism has been sued by X, the social media platform formerly known as Twitter
2023-08-02 04:27

Insurer AIG profit beats estimates on gains in life and retirement unit
American International Group exceeded second-quarter profit expectations on Tuesday, driven by growth at its life and retirement unit
2023-08-02 04:26

U.S. Nuclear Regulatory Commission Accepts NuScale Power’s Standard Design Approval Application
PORTLAND, Ore.--(BUSINESS WIRE)--Aug 1, 2023--
2023-08-02 04:24

Starbucks misses quarterly sales estimates as demand wavers
Starbucks missed market expectations for quarterly comparable sales on Tuesday, signaling dull demand for its coffees and cold
2023-08-02 04:23