Category Archives:
PacWest, Western Alliance lead slide in regional bank stocks
(Reuters) - Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as investors feared the ongoing banking crisis could deepen. PacWest dro...
May 09, 2023
Novavax lays off 25% of workforce, releases 2023 outlook
(Reuters) -Novavax said on Tuesday it will reduce its global workforce by 25% as the cash-strapped biotech pushes forward with its plans to slash expenses and navigate tepid demand for its COVID-19 va...
May 09, 2023
Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) - Coty Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue estimates, buoyed by the CoverGirl ...
May 09, 2023
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) - Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump in management fees and inves...
May 09, 2023
Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
By Nick Carey LONDON (Reuters) - Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-em...
May 09, 2023
PPS board, parents discuss “inappropriate object” at Monday’s meeting
PEORIA, Ill. — Communication was the main issue among the group of Kellar Primary School parents expressing their frustration with the school board following an incident in late April on a Peori...
May 09, 2023
‘Transformers: Rise of the Beasts’ reconfigures for diverse cast
By Rollo Ross and Danielle Broadway LOS ANGELES (Reuters) - The Paramount Pictures "Transformers" film franchise has switched gears in its latest installment by adding more diversity to its lead roles...
May 09, 2023
US small business optimism deteriorates in April, NFIB says
WASHINGTON (Reuters) - U.S. small business confidence fell in April on worries about the near-term economic outlook and persistent worker shortages, according to a survey released on Tuesday that also...
May 09, 2023
Drugmakers set strategy for legal fight against US pricing regulation
By Patrick Wingrove and Michael Erman (Reuters) - Some of the world's biggest drugmakers are laying legal groundwork to fight the U.S. plan to negotiate drug prices for its Medicare health coverage, i...
May 09, 2023
Smaller 2023 bonuses for U.S. investment bankers, asset managers -report
By Tatiana Bautzer NEW YORK (Reuters) - Asset management executives and investment bankers working on mergers and acquisitions or equity deals are expected to see the largest declines in bonuses this ...
May 09, 2023
Peoria, IL, USA
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