By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal. Oil fell by mor[...]
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June 8, 2023
Behold Wall Street’s new bull market, maybe
By Chuck Mikolajczak NEW YORK (Reuters) -S&P 500 advanced on Thursday, putting the benchmark index up 20% from its Oct. 12 closing low and heralding the start of a new bull market, at least by the[...]
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Stocks, Treasuries lead US household wealth to 1-year high in early 2023
By Dan Burns (Reuters) – U.S. household wealth climbed to the highest in a year in the first three months of 2023, led by the stock market’s recovery from last year’s bear market and[...]
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TD Bank CEO ‘confident’ of resolving issues tied to First Horizon deal collapse
(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $1[...]
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Exclusive-Bunge finalizing $30 billion-plus merger with Viterra -sources
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agr[...]
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Dollar dips as jobless claims increase
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed a[...]
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Starbucks shareholders seek input on labor rights review – letter
By Hilary Russ NEW YORK (Reuters) -Starbucks should hire a law firm that is not hostile to labor unions as the coffee chain – under increasing scrutiny for its treatment of unionized employees[...]
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US Supreme Court rules for Jack Daniel’s in fight over parody dog toy
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday gave a boost to Jack Daniel’s in its trademark dispute with a dog accessory company that sold a parody ch[...]
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Visa, MasterCard fight off new UK mass actions over fees for now
LONDON (Reuters) -Global payments processors Visa and Mastercard have fought off a new set of lawsuits over fees charged to retailers, with a London tribunal ruling on Thursday that the proposed colle[...]
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