PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
2023-05-09 21:26
Amazon begins selling toys, clothing through mobile games
By Arriana McLymore NEW YORK Amazon said on Tuesday it had begun selling users of mobile games related
2023-05-09 21:16
Global hedge fund launches at lowest level since 2017 -Preqin
By Nell Mackenzie LONDON Hedge fund launches in 2023 are at their lowest level globally since 2017, data
2023-05-09 21:15
Fox posts a loss because of its Dominion settlement
Fox posted a loss in the most recent quarter after it paid a $787.5 million settlement to Dominion Voting Systems.
2023-05-09 20:50
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping
2023-05-09 20:46
Tempur Sealy to Buy Mattress Firm for About $4 Billion
Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal
2023-05-09 20:46
US Small-Business Optimism Falls to Lowest Level in a Decade
US small-business sentiment fell in April to the lowest level in a decade, reflecting dimmer prospects for the
2023-05-09 20:27
Fox beats estimates for quarterly revenue
Broadcaster Fox Corp beat estimates for third-quarter revenue on Tuesday, as recession-wary companies continued to advertise on its
2023-05-09 20:26
Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:25
Nikola to pause truck production after posting bigger quarterly loss
Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the
2023-05-09 20:16
Credit Suisse CEO Ulrich Körner to join UBS board
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
2023-05-09 19:48
Fisker cuts production forecast as challenges mount for EV startups
(Reuters) -Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to
2023-05-09 19:47