By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on…
Bitcoin rises 6.2 percent to $22,401
(Reuters) – Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close. Bitcoin,…
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a…
Morgan Stanley lowers CEO Gorman’s 2022 compensation to $31.5 million
(Reuters) – Morgan Stanley Chief Executive Officer James Gorman’s total compensation for 2022 slipped 10% to $31.5 million, the bank…
Intesa reassures on capital distribution after asset risk worries hit shares
By Valentina Za MILAN (Reuters) – Intesa Sanpaolo sought to reassure investors over its ability to hit shareholder reward targets…
ABB sells its power conversion division for $505 million
ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering…
U.S. asks judge to hold Shkreli in contempt for allegedly flouting pharma industry ban
WASHINGTON (Reuters) -U.S. regulators asked a federal judge on Friday to hold Martin Shkreli in contempt for allegedly impeding its…
Oil settles up more than 1% on China demand outlook, second weekly gain
By Laila Kearney NEW YORK (Reuters) -Oil settled up about $1 a barrel on Friday and notched a second straight…
Fed can likely slow runoff as bank reserves near 10% to 11% of GDP
(Reuters) – The Federal Reserve can probably start to slow its balance sheet runoff once bank reserves fall to around…
U.S. fines J&J $9.75 million over kickbacks to surgeon for overseas surgeries
By Jonathan Stempel (Reuters) – Johnson & Johnson and its DePuy Synthes unit will pay $9.75 million to settle U.S.…