By Doyinsola Oladipo and Priyamvada C (Reuters) – Shares of Airbnb Inc fell as much as 6% on Thursday after an online independent publication released a report that probed unpleasant experiences[...]
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April 6, 2023
Explainer-How are money market funds preparing for a potential debt ceiling crisis?
By John McCrank NEW YORK (Reuters) – Assets in money market funds have soared to record levels, drawing investors with their safe-haven appeal and yields that far exceed those paid on bank depos[...]
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Wall St reverses to end higher, bond yields steady ahead of US jobs report, holiday
By Stephen Culp NEW YORK (Reuters) – U.S. stocks reversed an earlier sell-off to close higher on Thursday, and Treasury yields steadied, as investors digested weak labor market data ahead of a U[...]
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US GAO denies Lockheed protest of Textron $7 billion Army helicopter deal
By Mike Stone WASHINGTON (Reuters) -The U.S. Government Accountability Office on Thursday denied Lockheed Martin Corp’s protest of the Army contract for the Future Long Range-Assault Aircraft wo[...]
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Tesla to use iron-based batteries in Semi electric trucks and affordable electric car
By Hyunjoo Jin and Paul Lienert San Francisco (Reuters) – Tesla Inc said it plans to expand the use of cheaper, iron-based batteries to a version of its Semi heavy electric trucks and an afforda[...]
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Barclays investors urged to reject bonuses for ex-CFO
By Iain Withers LONDON (Reuters) -Investor advisory firm Glass Lewis has recommended that Barclays’ shareholders vote against its bosses’ pay because of long-term bonuses awarded to one fo[...]
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Canadian telcos say networks hit by power outages from ice storm
(Reuters) – Canadian telecom companies said on Thursday their services in the southeastern part of the country were impacted due to widespread power outages caused by an ice storm a day ago. Ser[...]
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Morgan Stanley a step closer to setting up futures company in China
SHANGHAI/SINGAPORE (Reuters) – Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country’s securities regulator accepted its application.[...]
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Morgan Stanley CEO’s total pay rose 13% to $39.4 million in 2022
By Nupur Anand and Mehnaz Yasmin (Reuters) – Morgan Stanley Chief Executive James Gorman’s total compensation rose nearly 13% to $39.4 million in 2022 versus a year earlier, according to a[...]
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