By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with it[...]
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January 9, 2023
Jefferies profit slides as Wall Street dealmaking falters
(Reuters) -Investment bank Jefferies Financial Group reported a 52.5% decline in fourth-quarter profit on Monday, hit by lower underwriting fees and volatile markets that dented income from its tradin[...]
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Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets amid m[...]
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BMW teases a talking car that shifts colors like a chameleon
By Joseph White LAS VEGAS (Reuters) – BMW AG has unveiled a prototype for a car that talks like a human being, changes colors to suit the driver’s mood and has no screens on its dashboard.[...]
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Capricorn ready to add Palliser nominees to board
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy said on Monday it was ready to add “a number” of people put forward by activist investor Palliser to its board while it pursues a merg[...]
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S&P downgrades Southwest Airlines outlook, expects weaker FFO
(Reuters) -Global ratings agency S&P Global lowered Southwest Airlines Co’s outlook to stable from positive, saying it expects the airline to generate weaker funds from operations (FFO) thro[...]
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‘Extensive’ Tesla Autopilot probe proceeding ‘really fast’ -U.S. official
By David Shepardson WASHINGTON (Reuters) -The acting head of the National Highway Traffic Safety Administration (NHTSA) told reporters on Monday that the regulatory agency is “working really fas[...]
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Southwest Airlines reshuffles senior management roles
(Reuters) – Southwest Airlines Co said on Monday it made leadership changes across several departments in a bid to strengthen operations amid a recent technology meltdown that forced the carrier[...]
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Google challenges Android antitrust ruling in India’s Supreme Court
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Google has filed a legal challenge in India’s Supreme Court to block a ruling by the country’s antitrust watchdog that will[...]
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