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Finance
Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: ‘It’s a sad story’
Amazon CEO Andy Jassy on Thursday took aim at regulators who are increasingly blocking mergers, including the company's planned acquisition of robotic vacuum maker iRobot, which…
Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Carey Halio, Goldman Sachs' head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter. Her new…
Vietnamese property tycoon sentenced to death in country’s biggest ever financial fraud, state media reports
Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh city on April 11, 2024. A top Vietnamese property tycoon could face the death penalty when she and…
Wholesale prices rose 0.2% in March, less than expected
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists…
Amazon CEO Andy Jassy says he’s committed to cost cutting while investing in AI in shareholder letter
Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to keep looking for ways to keep costs in check even as the company doubles down on…
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group's annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty ImagesSwitzerland's tough…
Fed likely to cut rates before ECB blinks, former BOE member says
The Federal Reserve Building stands in Washington.Joshua Roberts | ReutersThe U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former…
China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China.Vcg | Visual China Group | Getty ImagesBEIJING — China's commercial…
Where investors might hide out if inflation continues to reaccelerate
A hot inflation report rattled Wall Street and diminished hopes for the number of rate cuts likely this year, but there are still areas in the market where investors can hide out…
Stock market today: Live updates
Stock futures dipped as Wall Street looked ahead to a second key inflation report.Futures tied to the Dow Jones Industrial Average slid 60 points, or 0.2%, while S&P 500…