(Reuters) -Trump Media & Technology Group filed a notice to the U.S. Securities and Exchange Commission on Wednesday that it would delay its quarterly filing, just days after the regulator charged[...]
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May 15, 2024
Norway sovereign wealth fund excludes three companies over ethical concerns
(Reuters) -Norway’s central bank said on Wednesday that its executive board has decided to exclude three companies from its government pension fund over ethical concerns. Norges Bank, which mana[...]
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Exxon says proxy advisor Glass Lewis should recuse itself from making recommendations
(Reuters) – U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on its upcoming shareholder meeting due to conflict of interest. The[...]
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Disney has dramatically cut traditional TV spending, CEO says
By Lisa Richwine (Reuters) – Walt Disney has cut its investment in programming for traditional television networks pretty dramatically as part of its strategy to maximize audiences and profit in[...]
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Morning Bid: As CPI risk clears … it’s lift off!
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. It’s ‘green for go’ in Asia on Thursday as stock markets around the world roar to fresh highs, boosted b[...]
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Berkshire reveals $6.72 billion Chubb stake, insurer’s shares rise
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big[...]
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Stocks hit record highs, yields fall; US CPI raises rate cut hopes
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock markets rose to record highs while U.S. Treasury yields and the U.S. dollar fell on Wednesday as data showed U.S. consumer prices rose less th[...]
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US charges two brothers with novel $25 million cryptocurrency heist
By Nate Raymond BOSTON (Reuters) – Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on U.S. charges that they carried out a cutting-edge scheme to[...]
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper[...]
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