(Reuters) – Music industry veteran Merck Mercuriadis has stepped down as the CEO of Hipgnosis Songs Management (HSM), the artist management firm he founded, in a move that could help improve rel[...]
Read moreFebruary 2, 2024
Dollar jumps, traders pare rate cut bets after strong jobs report
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar index jumped to a seven-week high in a broad rally on Friday after data showed that employers added far more jobs in January than expected, reduci[...]
Read moreGoldman Sachs shuffles management committee – WSJ
(Reuters) -Goldman Sachs is shuffling its management committee, in the latest indication of the power dynamics at the bank, the Wall Street Journal reported on Friday, citing people familiar with the[...]
Read moreExxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production. Profits from oil majors[...]
Read moreFourth-quarter US earnings estimate improving quickly
NEW YORK (Reuters) – The U.S. fourth-quarter earnings estimate is improving sharply, with about 80% of reports so far beating analysts’ expectations including ones this week from Meta Plat[...]
Read moreU.S. safety agency deepens probe of Tesla power steering loss
By David Shepardson and Hyunjoo Jin WASHINGTON/SAN FRANCISCO (Reuters) -U.S. safety regulators on Friday upgraded their probe into Tesla vehicles over power steering loss to the status of an engineeri[...]
Read moreUS court to hear JetBlue, Spirit appeal over blocked merger in June
By Nate Raymond and David Shepardson BOSTON (Reuters) -A U.S. appeals court on Friday said it would hear arguments in June in a bid by JetBlue Airways and Spirit Airlines to overturn a judge’s r[...]
Read moreSuperdry CEO in talks with Rcapital, Gordon Brothers for a take-private bid – Sky News
(Reuters) -Superdry CEO Julian Dunkerton is in talks with Rcapital and Gordon Brothers, both of which specialise in investments in financially challenged firms, about a bid to take the embattled Briti[...]
Read moreHow a rollercoaster week left Boeing’s credibility on the line
By Tim Hepher, Rajesh Kumar Singh, David Shepardson and Valerie Insinna (Reuters) -Boeing is reeling from a week of turmoil that has snagged production and development timelines and tested confidence[...]
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