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January 23, 2024
None LVMH boss Bernard Arnault, the world's third-richest person, is set to nominate two more of his children to its board. • None Arnault has five children —…
October 17, 2023
None Jeff Bezos overtook LVMH tycoon Bernard Arnault as the world's second-richest man, per Bloomberg. • None The Amazon founder's wealth has ballooned by $49…
April 15, 2023
Chinese online lender Lufax Holding Ltd., which listed in Hong Kong without raising money, gained on its first trading day. • None US Embarrassed After…
April 14, 2023
Infosys Ltd. forecast sales that lagged estimates and warned customers in key sectors like finance are pulling back, a sign of how far corporations are…
April 14, 2023
Warren Buffett’s Berkshire Hathaway Inc. sold 164.4 billion yen ($1.2 billion) of bonds on Friday, just days after the billionaire investor made headlines by…
April 14, 2023
S&P 500 Earnings Could Go From Bad to Even Worse in 2023, BofA Says (Bloomberg) -- As Wall Street faces what’s set to be an ugly earnings season of…
April 14, 2023
Exxon Mobil Corp. Chief Executive Officer Darren Woods received a 52% pay increase in 2022, making his total compensation higher than the CEOs of Goldman…
April 14, 2023
Western Digital Corp. shares fell as much as 4.5% following a report that hackers are trying to extort the company after stealing about 10 terabytes of data,…
April 14, 2023
A monthlong pummeling has bank stocks looking historically inexpensive. And a deluge of quarterly earnings reports from key lenders over the next two weeks…
April 14, 2023
Truist Financial Corp. plans to stop sales and trading of mortgage-backed securities and government-agency and Small Business Administration bonds by January.…