Jamie Dimon Says Banking Crisis Is Near to Getting Resolved
The US bank crisis that rattled global markets last month is probably nearing the end, even if more unforeseen failures occur, JPMorgan Chase & Co. Chief…
Source: biztoc.com
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Russia Says It Cut Oil Output by 700,000 Barrels a Day in March
Russia’s Energy Ministry said the nation reduced its oil output by about 700,000 barrels a day last month, according to a person familiar with the figures. •…
Source: biztoc.com
C3.ai CEO Tom Siebel Calls Short-Seller Report 'Stock Price Manipulation'
C3.ai Inc. Chief Executive Officer Tom Siebel said the short-seller letter from Kerrisdale Capital that caused his company’s shares to plummet 38% the past…
Source: biztoc.com
US Profits Set for Pandemic-Sized Drop, Goldman Strategists Say
The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. • None Top Tax…
Source: biztoc.com
Apple's $165 Billion Cash Hoard Creates M&A Mirages
Apple Inc.’s slowing growth and cash-rich balance sheet are again fueling speculation that the world’s most valuable company should make a big acquisition. •…
Source: biztoc.com