By Saeed Azhar and Jonathan Stempel NEW YORK (Reuters) – Goldman Sachs Group Inc agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions,[...]
Read more
May 9, 2023
EA’s quarterly bookings beat estimates on ‘FIFA’ strength
By Chavi Mehta (Reuters) -Videogame publisher Electronic Arts Inc beat fourth-quarter booking estimates on Tuesday as gamers stuck with familiar titles such as “FIFA” and “Madden NFL[...]
Read more
SVB Financial Group says quarterly results filing will be delayed
(Reuters) -SVB Financial Group will not be able to meet the U.S. Securities and Exchange Commission’s deadline for reporting its quarterly results, the bankrupt parent of Silicon Valley Bank dis[...]
Read more
ISS backs all four ValueAct director candidates in Seven & I boardroom fight
By Svea Herbst-Bayliss NEW YORK (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) on Tuesday backed ValueAct Capital’s boardroom challenge at Japanese convenience st[...]
Read more
PacWest gains ground in choppy trading for U.S. regional banks
By Chibuike Oguh and Medha Singh (Reuters) -PacWest Bancorp shares regained earlier session losses on Tuesday as investor uncertainty about the financial health of U.S. regional banks underpinned skit[...]
Read more
Guyana’s environmental agency appeals court decision against Exxon
GEORGETOWN (Reuters) – Guyana’s environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance oblig[...]
Read more
Oil recoups losses on plans for SPR refill, higher seasonal demand
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the session, as markets weighed U.S. government’s plans to refill the nation[...]
Read more
Amazon offers US shoppers $10 to pick up purchases as it targets delivery costs
By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com is offering U.S. customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in[...]
Read more
Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm
By Deborah Mary Sophia and Abigail Summerville (Reuters) -Tempur Sealy International Inc said on Tuesday it would buy retailer Mattress Firm in a cash-and-stock deal valued at about $4 billion, as the[...]
Read more