(Reuters) -Best Buy Co Inc is cutting store jobs across the United States as the electronics retailer looks to trim costs and shift its business more towards e-commerce, the Wall Street Journal report[...]
Read more
April 14, 2023
Dollar bounces off one-year low, weak retail sales not as bad as feared
By Karen Brettell NEW YORK (Reuters) – The dollar index bounced off a one-year low against a basket of currencies on Friday after some March retail sales components were not as weak as some econ[...]
Read more
Oil rises, logs weekly gains after IEA predicts record demand
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Friday and secured a fourth straight week of gains after the West’s energy watchdog said global demand will hit a record high this year[...]
Read more
When it comes to climate risk, investors prize disclosure, report suggests
By Isla Binnie NEW YORK (Reuters) – Firms find that investors penalize their stock less for high greenhouse gas emissions if they voluntarily disclose that data, researchers at Lazard’s cl[...]
Read more
Britain recognises CFTC oversight of US clearing houses in UK
By David Milliken LONDON (Reuters) -The Bank of England said on Friday it would rely on a key U.S. regulator’s assessment of U.S.-based central counterparties (CCPs) which clear financial trades[...]
Read more
Bigger banks rise while regionals slump as Q1 earnings season kicks off
By Sinéad Carew and Saqib Iqbal Ahmed (Reuters) – Shares in U.S. banks were a mixed bag on Friday with JPMorgan Chase soaring 7.0% after its quarterly report impressed investors while PNC Financ[...]
Read more
Airbus eyes medium-term defense, space ties with Brazil’s Embraer
By Gabriel Araujo and Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Airbus SE hopes to propose partnerships with Brzil’s Embraer SA in defense and space in the medium term, its regional ex[...]
Read more
U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input
By Chris Prentice and Hannah Lang NEW YORK (Reuters) -The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the definition of an “excha[...]
Read more
JPMorgan amasses deposits as customers move money to largest U.S. bank
By Mehnaz Yasmin and Niket Nishant (Reuters) – JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S. regional banks in March dro[...]
Read more