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After a “going concern” warning and restating three years of financials, could this be the domino that triggers a solar shakeout?
(Bloomberg) -- Bond traders are growing more convinced that US yields are heading lower as they bet on a series of Federal Reserve interest-rate cuts, yet the path to cheaper borrowing costs is set to be extremely bumpy.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteNvidia’s Red-Hot 2024 Start a Bright Spot as S&P 500 Eyes RecordHavin
In a FY23 trading update today, Aberdeen-headquartered engineering firm Wood Group said it returned around $6bn in profits for the period, up nine per cent on FY22.
Ousted University of Pennsylvania chairman Scott Bok is now arguing that donors should not get a say in how universities function after several wealthy businessmen withdrew their funds to the university over its handling of antisemitic incidents on campus.
The Colorado Business Hall of Fame will honor six new inductees Feb. 15 at Hyatt Regency Denver.Here are the 2024 honorees.