By Suzanne McGee (Reuters) – JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer of Global X, to head a new global re[...]
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March 13, 2024
India’s Reliance to buy Paramount’s stake in Viacom18
(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian[...]
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US health department opens probe into UnitedHealth hack
By Sriparna Roy and Patrick Wingrove (Reuters) -The U.S. government on Wednesday said it has opened an investigation into the cyberattack at UnitedHealth Group’s Change Healthcare to find out wh[...]
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Class action lawsuits pile up over UnitedHealth data breach
By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from las[...]
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Under Armour’s founder Plank to return as CEO
(Reuters) – Apparel maker Under Armour said on Wednesday that founder vwill return to the company as CEO, effective April 1. The company’s shares rose 6% to $8.26 after the bell. Plank fou[...]
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Stocks slip, US yields edge higher with data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked to the next round of data on inflation and[...]
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Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a report showed on Wedn[...]
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US dollar drifts lower, market consolidates gains post-inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slipped on Wednesday, a day after rising on hotter-than-expected U.S. inflation data, as investors consolidated gains ahead of this week[...]
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Goldman Sachs to resume bets on US property, other investors warn of more pain
By Iain Withers CANNES, France (Reuters) – Goldman Sachs Asset Management will resume “actively investing” in U.S. commercial property this year because the market is bottoming out,[...]
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