By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co Chief Financial Officer Christine McCarthy is stepping down from her position to take family medical leave and will help search f[...]
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June 15, 2023
Oracle cuts hundreds of jobs, rescinds job offers in its health unit – Insider
(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar[...]
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SK Signet to launch EV chargers with Tesla’s charging standard this year
By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla’s technology this year, following recent moves by major aut[...]
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Adobe tops quarterly results and forecast estimates driven by AI
By Samrhitha A (Reuters) – Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker’s efforts to drive up demand with generative arti[...]
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Fed, SEC probing Goldman Sachs’ role in Silicon Valley Bank’s final days – WSJ
(Reuters) -The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s role in two deals with Silicon Valley Bank that preceded the latter’s[...]
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Stocks rally, dollar falls after U.S. data, ECB hike, hawkish Fed pause
By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data, but the do[...]
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Microsoft notches record high valuation of nearly $2.6 trillion
By Chibuike Oguh NEW YORK (Reuters) -Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the techno[...]
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Sixth Street considers bidding for Bed Bath & Beyond assets – WSJ
(Reuters) – Bed Bath & Beyond’s lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer’s assets, the Wall Street Journal reported on Thurs[...]
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Stellantis to unveil Citroën e-C3, first affordable European-made EV
By Gilles Guillaume PARIS (Reuters) – The world’s No.3 carmaker Stellantis will unveil its first European-made affordable electric car in mid-October, the new Citroën e-C3, as it gears up[...]
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