Blackstone Profit Drops 12% on Deal Slump, Shares Tumble
Blackstone Inc., grappling with higher interest rates and stung by a pullback in dealmaking, reported a 12% decline
2023-10-20 05:28
Bezos-Backed Startup Convoy Closes Operations With No Buyer
Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, is closing down its
2023-10-20 05:26
C4K Latest: Impactive’s Lauren Taylor Wolfe Is Long Concentrix
Impactive Capital founder Lauren Taylor Wolfe pitched an investment in Concentrix, the second-largest outsourced customer experience company, saying
2023-10-20 03:51
Jim Jordan Will Seek Third Floor Vote on US House Speaker Bid
Republican Jim Jordan said Thursday he will seek a third floor vote on his bid to become US
2023-10-20 03:48
Fed’s Barr Says Banks Need Broader Stress Tests to Expose Risks
The Federal Reserve’s head of supervision wants to broaden the scenarios in annual stress tests to gauge whether
2023-10-20 03:46
Powell Signals Fed to Stay on Hold and Keep Future Hike on Table
Federal Reserve Chair Jerome Powell suggested the US central bank is inclined to hold interest rates steady again
2023-10-20 03:17
L’Oreal Sales in North Asia Hit by Slump in Travel Retail
L’Oreal SA sales in the region that includes China unexpectedly fell in the third quarter as the cosmetics
2023-10-20 01:50
London Stock Exchange Incident Halts Trading in Many Stocks
A system “incident” halted trading in hundreds of shares on the London Stock Exchange. The outage affected mostly
2023-10-19 23:53
SAP Gains Most in Eleven Months After Cloud Backlog Surges
SAP SE gained the most in eleven months after Europe’s biggest software company said the current backlog for
2023-10-19 22:59
American Air Beats for Quarter, Cuts Forecast on Higher Fuel
American Airlines Group Inc. topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest
2023-10-19 22:54
Xi Calls for Gaza Ceasefire in First Public Comment Since Crisis
Chinese President Xi Jinping called for an immediate ceasefire in the Israel-Hamas war, his first public comments since
2023-10-19 18:48
How the 2024 Race Is Shaping Up for Trump and Biden in 7 Key States
A Bloomberg News and Morning Consult poll provides one of the most detailed looks yet at how the
2023-10-19 17:55