By Deborah Mary Sophia (Reuters) -Clorox raised its annual targets on Thursday, after handily beating quarterly earnings expectations, as the bleach maker replenished inventory at a faster pace after[...]
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February 1, 2024
Traders play defense in regional bank ETF’s options as shares sink
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Options volume on SPDR S&P Regional Banking ETF surged for a second straight session on Thursday, spurred by bearish trading, as[...]
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Labor-backed group sues to block Massachusetts gig worker ballot proposal
By Nate Raymond BOSTON (Reuters) – A labor-backed coalition on Thursday filed a lawsuit seeking to block an industry-supported bid to ask Massachusetts voters to decide whether ride-share and de[...]
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Genesis reaches $21 million SEC settlement in bankruptcy wind-down
By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21[...]
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Analysis-Inflation-focused Fed shoots down Wall Street’s hopes of March cut
By Davide Barbuscia and Lewis Krauskopf (Reuters) – Investors hoping for imminent rate cuts by the Federal Reserve received a sobering reminder of the U.S. central bank’s focus on fighting infla[...]
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Productivity bump another step for Fed toward inflation confidence
By Howard Schneider WASHINGTON (Reuters) -U.S. worker productivity gains running well above the long-term average may help buttress the Federal Reserve’s faith that inflation is contained and fu[...]
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Amer Sports rises 3% in tepid market debut after discounted US IPO
By Niket Nishant and Manya Saini (Reuters) -Amer Sports, the maker of the world-renowned Wilson tennis rackets, returned to public markets in a tepid debut on Thursday after selling shares at a discou[...]
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Mercedes-Benz reports 2023 free cash flow above expectations in industrial business
(Reuters) – Mercedes-Benz reported a preliminary free cash flow for its industrial business of 11.3 billion euros ($12.28 billion) on Thursday, above market expectations, which it attributed to[...]
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TikTok users losing access to Taylor Swift, Billie Eilish songs
By Dawn Chmielewski and Sheila Dang (Reuters) -TikTok users will no longer be able to create videos with songs from Taylor Swift, Jon Batiste, boygenius and other Universal Music Group artists as the[...]
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