By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works on Tuesday named a veteran chief financial officer with expertise in capital allocation as a new director, marking the second time in t[...]
Read moreFebruary 21, 2023
U.S. regulator seeks more information on Tesla crash in California
(Reuters) – The United States National Highway Traffic Safety Administration (NHTSA) said on Monday it has asked Tesla Inc for additional information after one of its vehicles collided with a fi[...]
Read moreExclusive-Credit Suisse chairman’s comments draw scrutiny from financial watchdog -sources
By Oliver Hirt ZURICH (Reuters) – The Swiss financial regulator is reviewing remarks made by Credit Suisse Group Chairman Axel Lehmann about outflows from the lender having stabilised in early D[...]
Read moreMarketmind: Boomtime stats
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. U.S. economic activity indicators on Tuesday accelerated the relentless march higher in U.S. interest[...]
Read moreCryptoverse: Tether tightens grip on wobbling world of stablecoins
By Medha Singh and Lisa Pauline Mattackal (Reuters) – The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust[...]
Read moreDollar clings to modest gains as strong U.S. data lends support
By Laura Matthews NEW YORK (Reuters) – The dollar held on to modest gains against its peers on Tuesday, supported by strong U.S. economic data, but the greenback was down against the British pou[...]
Read moreGermany’s Fresenius to simplify structure, flags potential profit fall
By Ludwig Burger FRANKFURT (Reuters) -German healthcare group Fresenius SE will slash costs and proceed with plans to cede strategic control over struggling dialysis group Fresenius Medical Care (FMC)[...]
Read moreFeuding law firms in Facebook antitrust case told to make peace
By Mike Scarcella (Reuters) – A U.S. judge on Tuesday appointed two prominent U.S. law firms as co-leaders of consumer claims against Meta Platforms Inc’s Facebook, saying he hoped they wo[...]
Read moreAT&T seeks to shed cybersecurity division -sources
By Milana Vinn NEW YORK (Reuters) – AT&T Inc, the second-biggest U.S. wireless carrier, is exploring a sale of its cybersecurity division, potentially undoing an acquisition it completed fiv[...]
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