Mattel Blows Past Sales Estimates As Retailers Load Up On Barbies, Hot Wheels
By Uday Sampath Kumar and Deborah Mary Sophia (Reuters) – Mattel Inc beat Wall Street estimates for quarterly sales on…
2022
Archegos Founder Hwang Pleads Not Guilty To Fraud, Racketeering Charges
By Jody Godoy (Reuters) -Archegos Capital Management founder Bill Hwang on Wednesday pleaded not guilty to charges of fraud and…
McDonald’s In The Spotlight As Investors Seek Details Of Lost Russia Revenue
By Uday Sampath Kumar and Hilary Russ (Reuters) – McDonald’s is poised to take a bigger financial hit from the…
Hungary’s OTP Bank “pressured” By Ukraine To Sell Russian Unit, CEO Says
BUDAPEST (Reuters) – Hungary’s OTP Bank, Central Europe’s largest independent lender, is under pressure from the government of Ukraine, where…
Heineken Set To Invest $360 Million In New Brewery In Brazil
SAO PAULO (Reuters) – Heineken NV’s Brazilian arm is set to invest 1.8 billion reais ($360.73 million) in a new…
Microsoft: Russian hacks often accompany Ukraine attacks
BOSTON (AP) — Cyberattacks by state-backed Russian hackers have destroyed data across dozens of organizations in Ukraine and produced “a…
U.S. Charges Archegos Founder Hwang, Alleges ‘brazen’ Fraud, Manipulation Scheme
By Jody Godoy (Reuters) -U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market…
Musk Loses Bid To End SEC Agreement On Oversight Of Tesla Tweets
By Tom Hals (Reuters) -A U.S. judge slammed Elon Musk on Wednesday for trying escape a settlement with regulators requiring…
Vatican trial places pope, top aide at center of London deal
VATICAN CITY (AP) — The former director of the Vatican’s financial watchdog agency testified Wednesday that Pope Francis asked him…
Musk ordered to abide by SEC settlement over 2018 tweets
DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets…