(Reuters) -Ameriprise Financial said on Tuesday it had filed a lawsuit in a U.S. district court against LPL Financial, alleging it harvests and misuses confidential client information in violation of[...]
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July 30, 2024
Yen gains on reports of possible BOJ hike to 0.25%
By Karen Brettell (Reuters) -The Japanese yen gained on Tuesday on news reports that the Bank of Japan is considering raising rates to 0.25% when it concludes its two-day meeting on Wednesday. That wo[...]
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US bank regulator looks to tighten control of asset managers’ bank stakes
By Pete Schroeder WASHINGTON (Reuters) – A U.S. bank regulator is considering a stricter framework for how large asset managers like Blackrock and Vanguard can prove they are not influencing ban[...]
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Edgar Bronfman Jr. still pursuing a deal for Paramount, Axios reports
(Reuters) -Former Warner Music chairman Edgar Bronfman Jr. is still in talks with bankers about a potential bid for Paramount Global’s parent, National Amusements, Axios reported on Tuesday, cit[...]
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Pfizer lifts profit forecast as investors await turnaround
By Michael Erman and Bhanvi Satija (Reuters) – Pfizer raised its annual profit forecast on Tuesday, helped by cancer treatments acquired through a $43 billion deal for Seagen and strong sales of[...]
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CenterPoint Energy sees up to $1.3 billion in restoration costs after Hurricane Beryl
By Vallari Srivastava (Reuters) -Electric and gas utility CenterPoint Energy said on Tuesday it expects total costs to restore facilities damaged by Hurricane Beryl to be in the range of $1.2 billion[...]
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L’Oreal 2Q sales rise but depressed China market weighs
By Dominique Patton PARIS (Reuters) – French cosmetics giant L’Oreal reported a 5.3% rise in second-quarter sales, below expectations and likely further rattling investors already worried[...]
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Oil prices slide 1% to 7-week low as China concerns weigh
By Scott DiSavino NEW YORK (Reuters) – Oil prices slid about 1% to a seven-week low on Tuesday on worries about weaker demand from China and a stronger U.S. dollar, and concerns OPEC+ could boos[...]
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US agency puts onus on Amazon for sale of hazardous third-party products
By Deborah Mary Sophia (Reuters) -Amazon.com is responsible for the sale of hazardous third-party products on its platform, a U.S. government agency said, ordering the e-commerce giant to propose step[...]
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