(Reuters) – Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 35.8% from the yea[...]
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January 20, 2023
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 jump in Netflix and Alphabet shares, while the U.S. dollar had its b[...]
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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 said on Friday. Gorman’s total compensation will[...]
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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 on Friday, after shares in Italy’s top bank fell on concer[...]
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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 and technology company said on Friday. Taiwan-based AcBel said the[...]
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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 efforts to determine whether he flouted a ban on working in the phar[...]
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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 weekly gain as China’s economic prospects brightened, boosting expectations for fuel[...]
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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 10% or 11% of gross domestic product, Fed Governor Christopher Waller said o[...]
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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. Department of Justice accusations that DePuy illegally provided free produc[...]
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