Category Archives:
Goldman names new COO of global M&A business – memo
By Anirban Sen NEW YORK (Reuters) - Goldman Sachs Group Inc has promoted Troy Broderick to be the new chief operating officer of its global mergers and acquisitions business, according to an internal ...
Syndicated Content May 02, 2023
Biden administration ramps up data exchange program to boost US supply chains
By David Shepardson WASHINGTON (Reuters) - The Biden administration on Tuesday said it was ramping up a program to address supply chain issues by getting truckers, shippers, wholesalers, retailers and...
Syndicated Content May 02, 2023
Prudential Financial profit drops on lower assets under management
(Reuters) - Prudential Financial Inc reported a drop in first-quarter profit on Tuesday, as the life and health insurer saw a decline in assets under management. The respite in the economy after the m...
Syndicated Content May 02, 2023
Explainer: How the Fed might act in a US default
(Reuters) - Federal Reserve Chair Jerome Powell at his press conference on Wednesday is likely to get asked - again - what contingencies he plans for in the event of a U.S. debt default, and he is lik...
Syndicated Content May 02, 2023
AMD forecasts second-quarter revenue below expectations
(Reuters) - Advanced Micro Devices forecast second-quarter revenue below estimates on Tuesday, as weakness in demand for chips used in data centers and networking equipment weighs. Enterprise, cloud, ...
Syndicated Content May 02, 2023
Livent quarterly profit jumps on rising lithium prices
(Reuters) - Lithium producer Livent Corp reported a jump in second-quarter profit and raised its annual forecast on Tuesday, citing rising prices and sales of the metal used to make electric vehicle b...
Syndicated Content May 02, 2023
US State Dept OKs potential sale of anti-ship missile system to Latvia -Pentagon
By Paul Grant and Mike Stone (Reuters) - The U.S. State Department has approved the potential sale of a naval strike missile coastal defense system and related equipment to Latvia for an estimated $11...
Syndicated Content May 02, 2023
Chesapeake Energy profit beats on higher natural gas output
(Reuters) - U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat first-quarter profit expectations on higher production of natural gas. The United States has emerged as the world's largest ...
Syndicated Content May 02, 2023
Bleach maker Clorox raises annual forecasts on higher prices
By Granth Vanaik and Jessica DiNapoli (Reuters) - Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that helped the household staples maker overcome a...
Syndicated Content May 02, 2023
Exclusive: White House’s Boushey – Fed interest rates having negative effect on banking sector
By Andrea Shalal WASHINGTON (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at curbing inflation were having a negative impact on the banking sector, ...
Syndicated Content May 02, 2023
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