Month: April 2022
U.S. Treasury Secretary Yellen to meet with top finance ministers to address global food crisis
U.S. Treasury Secretary Janet Yellen makes a speech about the current and future state of the U.S. and global economy at the Atlantic Council in Washington, April 13, 2022. Leah Millis | Reuters Treasury Secretary Janet Yellen will this week meet with ministers from the globe’s leading industrial nations to address a growing international food […]
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Stocks making the biggest moves midday: Twitter, Bank of America, Charles Schwab and more
In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a limited duration shareholder rights […]
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World Bank slashes global growth forecast to 3.2% from 4.1%, citing Ukraine war
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. Johannes Christo | Reuters WASHINGTON — The World Bank lowered its annual global growth forecast for 2022 on Monday by nearly a full percentage point, down from […]
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NBA’s Golden State Warriors step into movies, music and events with a new entertainment division
SAN FRANCISCO, CA – MARCH 16: Stephen Curry #30 of the Golden State Warriors warms up prior to the game against the Boston Celtics on March 16, 2022 at Chase Center in San Francisco, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to […]
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Musk says Twitter board will be paid nothing if he acquires the company
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk said Monday that Twitter’s board of directors won’t be compensated for serving if he acquires the company. “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right […]
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Apple workers at New York’s Grand Central store take steps to unionize
People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple’s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker. Organizers, who have dubbed […]
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Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy […]
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Ex-CEO Dorsey criticizes Twitter board, Musk says it ‘owns almost no shares!
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Former Twitter CEO Jack Dorsey criticized the company’s board in a series of tweets on Sunday as the group is now tasked with evaluating a takeover bid […]
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UBS downgrades United, citing risk of rising costs amid fleet upgrade
United Airlines’ fleet renewal plan faces a slew of cost pressures in the current macro environment, UBS says Source
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as the 10-year Treasury yield tops a 3-year high Traders on the floor of the NYSE, April 14, 2022. Source: NYSE 2. BofA issues stronger earnings as it releases reserves for soured loans A […]
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