U.S. Senate Confirms Economist Philip Jefferson To Fed Board
(Reuters) – The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an economist and Davidson College’s dean of…
Reuters
Shares Churn, Close Down; Yields Fall After U.S. Inflation Data
By Sinéad Carew NEW YORK (Reuters) – Wall Street stocks closed sharply lower and Treasury yields fell in Wednesday’s volatile…
Shop And Work, UK’s Tesco Gives Up Supermarket Space For Office Area
By James Davey LONDON (Reuters) – Tesco, Britain’s biggest retailer, has tied-up with office rental firm IWG so that people…
Citi Looks For New Manager In Delta One Unit -sources
(Corrects the headline and recasts the May 10 article to clarify Omari’s departure was unrelated to the flash crash) By…
Bitcoin Falls 7.2% To $28,758
(Reuters) – Bitcoin fell 7.23% to $28,758.29 at 22:05 GMT on Wednesday, losing $2,241.68 from its previous close. Bitcoin, the…
Dating App Owner Bumble Beats Estimates On Strong User Growth
(Reuters) -Bumble Inc beat first-quarter profit and revenue estimates on Wednesday, helped by a rise in paying members crowding its…
Beyond Meat Results Fail To Sizzle As Competition Heats Up, Shares Tumble
(Reuters) -Beyond Meat Inc missed estimates for quarterly revenue on Wednesday, as the plant-based protein maker battled sizzling competition from…
Disney’s Strong Streaming Growth Dispels Netflix Gloom
By Lisa Richwine and Eva Mathews (Reuters) -Walt Disney Co eased concerns about streaming video by picking up 7.9 million…
Fed’s Powell, Jefferson To Get Senate Nod This Week
By David Morgan (Reuters) -Jerome Powell, nominated for a second term as chair of the U.S. Federal Reserve, could win…
Fed’s Powell Could Get Senate Renomination Nod Wednesday
(Deletes extraneous material) (Reuters) – Jerome Powell, nominated for a second term as chair of the Federal Reserve by President…