Category Archives:
Robinhood, securities regulators face off over Massachusetts fiduciary rule
(Reuters) - Massachusetts' highest court on Wednesday will consider whether to revive a state fiduciary duty rule that was central to an enforcement action securities regulators filed against the onli...
May 03, 2023
Top US CEO pay rose 7.7% last year, outpacing inflation, study finds
By Ross Kerber (Reuters) - Median pay for top U.S. CEOs rose 7.7% last year to a record $22.3 million, a new study found, as big stock awards helped the group stay ahead of inflation while U.S. worker...
May 03, 2023
Futures rise ahead of Fed meeting outcome
(Reuters) - U.S. stock index futures edged higher on Wednesday after a Wall Street selloff in the previous session, with investors awaiting more economic data ahead of the outcome of a Federal Reserve...
May 03, 2023
Barrick beats quarterly profit estimates on higher prices
(Reuters) - Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline in production. Average prices of go...
May 03, 2023
Indonesia finance minister calls for cautious approach toward easing inflation
By Choonsik Yoo and Jihoon Lee INCHEON, South Korea (Reuters) - Inflation is cooling rapidly in countries including Indonesia but policymakers should consider diverse factors driving the price changes...
May 03, 2023
Marketmind: Bank reverb frames Fed decision
A look at the day ahead in U.S. and global markets from Mike Dolan Markets finally worked out May might be a bit bumpy after all. Another echo of March's bank stock stress on Tuesday along with the al...
May 03, 2023
Union to brief Hollywood writers as strike disrupts TV production
By Lisa Richwine and Rollo Ross LOS ANGELES (Reuters) - Striking film and television writers are set to meet with union leadership on Wednesday to discuss the work stoppage that threw Hollywood into d...
May 03, 2023
Block investors may seek clarity on Cash App after Hindenburg report
By Manya Saini (Reuters) - Jack Dorsey-led Block Inc's first-quarter results will likely see investors zoom in on the payments firm's Cash App business following U.S. short-seller Hindenburg Research'...
May 03, 2023
UBS CEO: expects to close Credit Suisse takeover by end May, early June
ZURICH (Reuters) - UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger with Credit Suisse by the end of May or early June. Ermotti was speaking a...
May 03, 2023
Advance Intelligence raises $80 million, led by Warburg Pincus, Northstar
SINGAPORE (Reuters) - Singapore-based Advance Intelligence Group has raised $80 million from a consortium led by existing investors Warburg Pincus and Northstar Group, the technology company said on W...
May 03, 2023
Peoria, IL, USA
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