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Stocks edge higher with Treasury yields in holiday-shortened session

BY Reuters  • July 3, 2023July 3, 2023
By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes ended Monday’s shorter session up slightly along with U.S. Treasury yields, as investors weighed up a mixed bag of economic d[...]
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Euro zone inflation falls again in June as energy prices tumble

BY Reuters  • June 30, 2023June 30, 2023
FRANKFURT (Reuters) – Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more than offsetting an acceleration in prices for services, a preliminary reading show[...]
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US bank stocks rise as lenders shrug off turmoil to ace Fed health checks

BY Reuters  • June 29, 2023June 29, 2023
By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing inves[...]
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‘Call of Duty’ maker to invest in Barcelona after EU approves Microsoft deal

BY Reuters  • June 28, 2023June 28, 2023
By Paul Sandle LONDON (Reuters) -Activision Blizzard said its studio that developed “Call of Duty” would set up shop in Barcelona, putting into action its pledge to invest in Europe after[...]
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Delta lifts profit outlook on sustained travel demand

BY Reuters  • June 27, 2023June 27, 2023
By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO (Reuters) -Delta Air Lines on Tuesday lifted its second-quarter profit outlook and forecast full-year earnings at the high end of its prior guidance o[...]
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IBM to buy software co Apptio for $4.6 billion to bolster cloud offerings

BY Reuters  • June 26, 2023June 26, 2023
By Yuvraj Malik (Reuters) -IBM said on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabil[...]
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Business NEWSLETTER Technology Updated

Epstein victims seek approval of JPMorgan $290 million settlement

BY Reuters  • June 23, 2023June 23, 2023
By Jonathan Stempel NEW YORK (Reuters) – Jeffrey Epstein’s victims have formally asked a U.S. judge to preliminarily approve JPMorgan Chase’s $290 million settlement to resolve claim[...]
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U.S. bank regulators considering tougher rules for banks over $100 billion in size

BY Reuters  • June 22, 2023June 22, 2023
By Pete Schroeder WASHINGTON (Reuters) – The heads of the Federal Deposit Insurance Corp and the Federal Reserve on Thursday said bank regulators were considering expanding the reach of a strict[...]
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Stock sale frenzy foretells US IPO market comeback

BY Reuters  • June 21, 2023June 21, 2023
(Refiles to fix typos in paragraphs 10 and 13) By Echo Wang and Lance Tupper NEW YORK (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launchi[...]
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