Dividend Payouts Hit First Quarter Record, But Outlook Rocky
By Lucy Raitano LONDON (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter…
May 2022
Stellantis making Indiana announcement; may be battery plant
DETROIT (AP) — Automaker Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s…
Fed’s George Sees Policy Interest Rate Near 2% By August
(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to…
Wall Street Rallies On Back Of Big Tech, Banks
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended higher on Monday as gains from banks and a rebound…
Fed’s Daly Says She Does Not Expect A Recession
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said the U.S. economy has a lot of…
DC sues Zuckerberg over Cambridge Analytica privacy breach
WASHINGTON (AP) — The District of Columbia on Monday sued Meta chief Mark Zuckerberg, seeking to hold him personally liable…
Zoom Raises Full-year Profit View On Strong Enterprise Demand
(Reuters) -Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses…
Spirit Airlines Says Shareholders Unlikely To Vote Against Frontier Deal
CHICAGO (Reuters) -Spirit Airlines Chief Executive Ted Christie said on Monday it is unlikely shareholders would vote against its proposed…
Top Anti-inflation Official In Argentina Resigns As Prices Surge
BUENOS AIRES (Reuters) – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on…
Boards for Meta, Twitter face backlash from NY pension fund
SAN FRANCISCO (AP) — A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter…