Mega-cap firm valuations fall amid rising rates, tech earnings concerns
Most global mega-cap stocks continued their slide in October, hit by the rise in U.S. interest rates and
2023-11-01 18:19
Seven & i Details Share Buybacks in Bid to Boost Confidence
Seven & i Holdings Co. said it anticipates ¥200 billion ($1.3 billion) in share buybacks through fiscal 2025,
2023-10-31 13:16
Meta has managed to get 33 US states to agree on something
An unusually united front among more than three dozen states suggests lawmakers are taking online health risks seriously, not unlike the way they pushed back decades ago on Big Tobacco.
2023-10-25 18:48
London's bankers can make unlimited bonuses again as UK axes cap
The UK has abandoned a cap on bankers' bonuses, in its latest push to boost the competitiveness of London's financial industry following Brexit.
2023-10-25 00:23
Bain Capital forms $250 million industrial property JV with China's DNE Group
BEIJING/SYDNEY Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed
2023-10-24 10:22
Two economic indicators with with spooky significance
There are two numbers floating around econ media headlines lately that are (as we journalists love to say) psychological milestones.
2023-10-24 08:18
A Shrinking $1.3 Trillion Securities Market Is Bad News for the Economy
For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the
2023-10-23 12:47
US banking regulators extend feedback window for contentious capital proposal
By Pete Schroeder WASHINGTON A trio of U.S. banking regulators announced on Friday they were giving the public
2023-10-21 00:53
The Ivy League donor backlash is a PR nightmare, and that's the point
Yesterday, we talked about some of the big-name, deep-pocketed businessmen who were, to say the least, disappointed with their alma maters' responses to what they considered antisemitic behavior at Harvard and UPenn.
2023-10-20 09:50
Sam Bankman-Fried may need a Hail Mary if he wants to win over jurors
As Sam Bankman-Fried's fraud trial enters its third week in Manhattan federal court, one of the biggest questions is whether he will take the stand to testify on his own behalf — a Hail Mary that legal experts say may be his best shot at mounting a defense.
2023-10-17 09:29
Secret audio, a star witness, and 'Thai prostitutes' complicate Sam Bankman-Fried's defense
Two weeks into what could be a four-to-six-week trial, jurors hearing the case against fallen crypto mogul Sam Bankman-Fried have been inundated with evidence that looks, for now, pretty damning.
2023-10-15 20:49
Big U.S. banks warn capital hikes could weigh on green energy, equity products
By Pete Schroeder and Michelle Price WASHINGTON Big bank executives warned a number of products and services could
2023-10-14 01:23