By Saeed Azhar NEW YORK (Reuters) – John Rogers, an influential Goldman Sachs executive, will step back from his role as chief of staff next month, according to an internal memo. He will be succ[...]
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August 8, 2023
Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources
By Martin Coulter LONDON (Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging app is doing enough to remove underage users fro[...]
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Fed may be at point to ‘hold rates steady,’ Harker says
By Dan Burns (Reuters) -Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may be at the stage where it can leave interest rates where they are, Philadelphia[...]
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Under Armour posts surprise profit on easing cost pressures
By Granth Vanaik and Juveria Tabassum (Reuters) -Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday, as cost pressures eased and higher discounts upheld demand[...]
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Fox beats profit estimates as ad market gains momentum
By Samrhitha A (Reuters) -Fox Corp topped Wall Street expectations for quarterly profit on Tuesday as the Rupert Murdoch-controlled company benefited from an industry-wide uptick in the advertising ma[...]
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Marketmind: China trade data disappoints, again
A look at the day ahead in U.S. and global markets by Alun John. U.S. equity markets saw their first positive day in August on Monday, but then along came Chinese trade data. Nasdaq and S&P500 fut[...]
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Emergent BioSolutions to lay off about 400 employees
(Reuters) – Emergent BioSolutions on Tuesday decided to cut 400 jobs and scale back operations at some its facilities, pivoting its focus on core products such as overdose reversal nasal spray N[...]
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Meta Platforms seeks to stop privacy breach fine in Norway
By Gwladys Fouche OSLO (Reuters) -Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed on the owner of Facebook and Instagram for breaching users[...]
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Finance firms’ return-to-office crackdown could backfire – study
By Lananh Nguyen NEW YORK (Reuters) – Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Delo[...]
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