By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia announce interest rate decisions on Thursday, against a[...]
Read more
May 24, 2023
WeWork CFO resignation marks second major exit in a week
(Reuters) -WeWork Inc CFO Andre Fernandez intends to resign on June 1, the company said on Wednesday, less than a year into the role and days after top boss Sandeep Mathrani announced his exit from th[...]
Read more
Stellantis may ship fewer gas-powered vehicles to US states with strict emissions rules
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California’s str[...]
Read more
Verizon warns customer service employees of impending layoffs- The Verge
(Reuters) – Verizon Communications Inc held a meeting with customer service employees to notify them of upcoming “restructuring” and “streamlining” measures that are all[...]
Read more
Facebook owner Meta slashes business teams in final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs across its business and operations units on Wednesday as it carried out its last batch of a three-part round of la[...]
Read more
JPMorgan can sue former executive Staley over Epstein ties -US judge
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co may move forward with its lawsuit seeking to hold former executive Jes Staley liable for concealing what he knew about the disgraced fin[...]
Read more
Industrial suppliers face a rocky road if U.S. defaults on debt- AEM
By Aishwarya Nair (Reuters) – A failure to break the deadlock on raising the U.S. debt ceiling before the deadline could pose a challenge to capital-intensive businesses such as industrial suppl[...]
Read more
Boeing looks to embed experienced pilots with new airline customers
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co is deploying experienced pilots to airlines that are training their employees to fly Boeing aircraft, as part of a wider push to reduce aviati[...]
Read more
Bank earnings drag Toronto market to eight-week low
By Fergal Smith (Reuters) – Canada’s main stock market fell to its lowest closing level in nearly two months on Wednesday as two major banks reported quarterly earnings that missed analyst[...]
Read more