Bath & Body Works adds new director as Third Point pushes for changes
By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works named a veteran consumer products executive as a new director…
Business
Finnish insurer Sampo misses profit forecast in volatile market
(Reuters) – Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings citing challenging capital markets environment, sending…
Analysis-Investors seek uncorrelated assets on worries volatility will return
By Laura Matthews (Reuters) – Concerns that last year’s wild swings in stocks and bonds will resurface in 2023 are…
Love & money: Four ways to avoid financial infidelity
By Chris Taylor NEW YORK (Reuters) – Sorry to break it to you, but your romantic partner may be sharing…
What is your Plan B? Prepping for a money reset
By Chris Taylor NEW YORK (Reuters) – Look at the waves of layoffs happening across America right now, and you…
What the world’s longest happiness study says about money
By Chris Taylor NEW YORK (Reuters) – For generations, society has grappled with the question of whether money brings happiness….
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says
By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave…
Exclusive-Starboard to challenge engineering materials maker Rogers’ board -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investment firm Starboard Value LP has amassed a sizable stake in Rogers…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…