(Reuters) – Simon Property Group Inc’s first-quarter revenue beat market expectations on Tuesday, benefiting from a strong leasing demand after pandemic-induced store closures. Despite gro[...]
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May 2, 2023
Google, Microsoft CEOs called to AI meeting at White House
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -The chief executives of Alphabet Inc’s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top admi[...]
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Prudential Financial profit misses on lower assets under management
(Reuters) -Prudential Financial Inc reported a lower-than-expected quarterly profit on Tuesday, as the life insurer saw a decline in assets under management. The respite in the economy after the marke[...]
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Wells Fargo CEO says regional banks are strong, but expects turmoil
By Carolina Mandl and Svea Herbst-Bayliss BEVERLY HILLS, California (Reuters) – Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is “extremely strong” but[...]
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Goldman names new COO of global M&A business – memo
By Anirban Sen NEW YORK (Reuters) -Goldman Sachs Group Inc has promoted Troy Broderick to be the new chief operating officer of its global mergers and acquisitions business, according to an internal m[...]
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PacWest, Western Alliance shares tumble as US regional bank fears persist
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. regional banks PacWest Bancorp and Western Alliance Bank plunged on Tuesday as the demise of First Republic Bank triggered investor concern[...]
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Match Group sees signs of Tinder growing
By Akash Sriram (Reuters) -Match Group on Tuesday forecast second-quarter revenue below analysts’ expectations, but said it is seeing signs of growth at Tinder after it made changes at the datin[...]
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Stocks sink; Treasury yields, dollar fall; Fed, debt ceiling in focus
By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes closed lower on Tuesday, a day ahead of the Federal Reserve’s interest rate decision, while U.S. Treasury yields fell as inve[...]
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Biden administration ramps up data exchange program to boost US supply chains
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Tuesday said it was ramping up a program to address supply chain issues by getting truckers, shippers, wholesalers, retaile[...]
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