By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday and Treasury yields resumed their climb as strong earnings helped investors look past signs of economic weaknes[...]
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April 27, 2023
ProSieben to slash dividend, replaces chief financial officer
BERLIN (Reuters) – German media group ProSiebenSat.1 said on Thursday it was replacing its chief financial officer and proposing slashing this year’s dividend as it announced a nearly 20%[...]
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Glass Lewis recommends vote against Tesla board nominee JB Straubel
SAN FRANCISCO (Reuters) – Proxy advisory firm Glass Lewis recommended Tesla Inc shareholders vote against board nominee JB Straubel at the electric carmaker’s annual meeting next month, ra[...]
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Netflix boosts Asian leads, lags in Latino roles – report
By Danielle Broadway LOS ANGELES (Reuters) -Netflix Inc has increased the number of Asian and women in lead roles, but still lags in representing Latinos, the disabled and women of color, a study by t[...]
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LVMH zeros in on China for global Tiffany & Co overhaul
By Mimosa Spencer NEW YORK (Reuters) – As Tiffany & Co. celebrates its freshly refurbished New York City flagship, “The Landmark,” behind the scenes, top executives are also focu[...]
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Argentina seeks to tame inflation, peso with biggest rate hike since 2019
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank hiked its benchmark interest rate a huge 10 percentage points to 91% on Thursday as it tries to tame high inflation and steady th[...]
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US Senate panel advances Biden’s labor secretary choice, opposed by gig worker apps
(This April 26 story has been corrected to show that the trade group Flex has not taken an official position on the nomination in paragraph 11) By Daniel Wiessner (Reuters) – A U.S. Senate commi[...]
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Oil steadies after Russia says global oil markets in balance
By Stephanie Kelly NEW YORK (Reuters) – Oil prices steadied on Thursday, paring losses from the previous session, after a top Russian official said global oil markets were balanced. Russian Depu[...]
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US dollar edges higher as GDP, jobless claims affirm rate hike bets
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely to deter the Federal Reserv[...]
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