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April 5, 2023
Asian Stocks Slide, Bond Yields Depressed As Recession Worries Weigh
By Kevin Buckland TOKYO (Reuters) – Asian stocks and U.S. equity futures sank on Thursday while bonds and the safe-haven…
Apple To Open First Company-owned Retail Store In India
BENGALURU (Reuters) – Apple Inc is set to open its first official retail store in India’s financial hub of Mumbai,…
S&P 500 Ends Lower As Recession Fears Take Center Stage
By Noel Randewich and Ankika Biswas (Reuters) – The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday…
Amazon Plans To Trim Employee Stock Awards Amid Tough Economy
(Reuters) -Amazon.com Inc said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce giant…
Drugmaker AbbVie Trims Profit Forecasts On IPR&D Expenses
(Reuters) -AbbVie Inc on Wednesday lowered its full-year and first-quarter profit expectations, citing a $150 million hit from acquired in-process…
Rising Consumer Prices In Mexico Eased To A 17-month Low In March
MEXICO CITY (Reuters) -Mexico’s annual inflation slowed in March by more than expected to 6.85%, the lowest rate in nearly…
Goldman Sachs fined $3 million by FINRA over mismarking short sale orders
NEW YORK (Reuters) – The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, fined Goldman Sachs Inc $3 million on…
Boeing Resumes 767 Freighter Deliveries After Three-month Pause
By Valerie Insinna WASHINGTON (Reuters) -Boeing Co said on Wednesday it had restarted deliveries of its widebody 767 after a…
J&J Rises As $9 Billion Talc Lawsuit Settlement Eases Overhang On Unit Spinoff
(Reuters) -Johnson & Johnson’s shares rose nearly 4% in early trading to hit a near two-month high of $164.48 on…
Crisis jolts Wall Street bankers already resigned to tough job market
By Tatiana Bautzer NEW YORK (Reuters) -Wall Street bankers face an increasingly gloomy job market after last month’s banking crisis…