By Michael Erman and Sriparna Roy (Reuters) -Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong…
Clorox exec says no more price hikes, layoffs coming as it lifts annual profit
By Jessica DiNapoli and Deborah Mary Sophia (Reuters) – Clorox Co Chief Financial Officer Kevin Jacobsen said on Thursday that…
McCarthy says he will meet Biden again on U.S. debt ceiling
WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have…
Kohl’s names Kingsbury as permanent CEO
(Reuters) -Kohl’s Corp said on Thursday that interim Chief Executive Officer Tom Kingsbury, a director nominated by hedge funds Macellum…
Sam Bankman-Fried in talks to resolve bail dispute, lawyer says
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried is in talks with U.S. prosecutors to resolve a dispute over…
U.S. FTC denies Meta petition to recuse Khan from Within Unlimited review
By David Shepardson WASHINGTON (Reuters) -The Federal Trade Commission (FTC) rejected a petition filed by Facebook-parent Meta seeking the recusal…
Marketmind: Communication breakdown
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed, ECB,…
Meta mojo is back as earnings surprise powers Big Tech rally
By Aditya Soni and Medha Singh (Reuters) – Meta Platforms Inc shares closed about 23% higher on Thursday and helped…
Stocks rally, U.S. yields flat on hope for central banks pause
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks climbed for a third straight day and longer-dated…
KKR steps in with bid for Telecom Italia’s grid
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) has received a non-binding bid for a controlling stake in its…