By Helen Coster and Eva Mathews (Reuters) -NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a…
Oil gains 3% on global economic optimism, despite surprise U.S. crude build
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an…
Citigroup to launch search for new wealth management chief – WSJ
(Reuters) – Citigroup Inc will launch a search for a new head for its wealth management business, the Wall Street…
Failed crypto exchange FTX has recovered over $5 billion, attorney says
By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in…
Euro ekes out 7-month high against dollar ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held…
LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of Dior
By Mimosa Spencer PARIS (Reuters) – LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods…
Logistics startup Flexport cutting 20% of staff in restructuring
By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Wednesday said it would cut about 20% of its…
Fed’s Collins leans toward quarter-point rate increase -NYT
By Michael S. Derby (Reuters) – Boston Federal Reserve bank leader Susan Collins said she is inclined to raise interest…
Top Credit Suisse shareholder cuts stake
FRANKFURT (Reuters) – One of Credit Suisse’s large shareholders, Harris Associates, has reduced its stake in the bank by roughly…
Biden’s climate agenda has a problem: Not enough workers
By Nichola Groom and Valerie Volcovici (Reuters) -U.S. clean energy companies are offering better wages and benefits, flying in trainers…