Factbox-Morgan Stanley’s three potential CEO candidates
(Reuters) – Morgan Stanley will likely appoint its next CEO in the next 12 months, its current Chief Executive James…
Business
WHO recommends new COVID shots should target only XBB variants
(Reuters) – A World Health Organization (WHO) advisory group on Thursday recommended that this year’s COVID-19 booster shots be updated…
US exchanges to bust erroneous CDW Corp trades after shares briefly dive 96%
By Medha Singh (Reuters) – The New York Stock Exchange and the Nasdaq said on Thursday they would cancel erroneous…
Walmart lifts annual sales, profit view on resilient consumer spending
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as shoppers…
Ford recalls 422,000 SUVs because rear view camera display may fail
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co is recalling 422,000 sport utility vehicles in the United States because the…
Sony eyes finance unit listing, doubles down on entertainment
By Sam Nussey TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin-off of its financial…
Exxon rebuts proxy advisor, says net zero emissions scenario ‘unlikely’
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer…
US banks rethink social media as a threat, not a marketing tool
By Nupur Anand NEW YORK (Reuters) -Bankers are beefing up risk management, monitoring and emergency procedures around the use of…
Fed’s Williams says world of low interest rates still prevails
By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Friday the U.S. and…
Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
(Reuters) -Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said on…