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
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
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
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
Under Armour sees 2024 sales, profit below estimates as demand slows
Under Armour Inc forecast annual sales and profit below Wall Street expectations on Tuesday in a sign that
2023-05-09 19:25
Why bank stocks are so unstable
The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March.
2023-05-09 19:24
Mark Zuckerberg wins gold and silver in his first Jiu-Jitsu tournament
Meta CEO Mark Zuckerberg won two medals in a Brazilian Jiu-Jitsu tournament held at a Silicon Valley high school Saturday, adding to the tech leader's vast array of extracurricular activities.
2023-05-09 19:21
Who Gained and Who Lost from Australia's Latest Budget
Welfare programs have been given priority in Treasurer Jim Chalmers’s latest budget, as the Albanese government follows through
2023-05-09 17:53
Australia to Post Budget Surplus, Before Sliding Back Into Red
Australia’s budget will record a surplus for the first time since the 2008 global financial crisis, before higher
2023-05-09 17:50
Oil Drops After Two-Day Surge as China Clouds Demand Outlook
Oil fell after a two-day surge as Chinese trade data highlighted concerns about the nation’s economic recovery and
2023-05-09 17:48
City Veteran Blames London’s Decline on ‘Narrow British Way of Life’
Jan du Plessis is quick to offer a withering assessment of the City of London’s place in the
2023-05-09 16:48