With the fight over the debt ceiling resolved, investors are turning to other concerns, including inflation and interest rates. Story Published at: June 2, 2023 at 12:45PM Continue Reading…
Markets Await Clues for Fed’s Next Move in May Jobs Report
Reassessing the Board Fight That Was Meant to Transform Exxon
As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little. Story Published at: May 31, 2023 at 12:18PM Continue Reading…
The Plan to Get Rupert Murdoch to Pay Up
An owner of Dominion Voting Systems spoke about the company’s strategy that led Fox to agree to a $787.5 million defamation settlement. Story Published at: April 19, 2023 at 01:26PM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs. Story Published at: April 13, 2023 at 01:01PM Continue Reading…
Bank Stocks Rebound Despite Fears Over Small Lenders’ Health
First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years. Story Published at: March 14, 2023 at 12:14PM Continue Reading…
Troubles at Silicon Valley Bank Rock the Global Market
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders. Story Published at: March 10, 2023 at 12:33PM Continue Reading…
The Heat on Salesforce Grows Ahead of a Big Earnings Call
The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks. Story Published at: March 1, 2023 at 01:01PM Continue Reading…
Reshaping Corporate America with Billions in Giveaways
Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks. Story Published at: February 28, 2023 at 12:52PM Continue Reading…
The Winners and Losers from Super Bowl LVII
There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash. Story Published at: February 13, 2023 at 01:05PM Continue Reading…