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
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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
BlackRock to Sell $114 Billion of Failed Banks' Securities
BlackRock Inc. was hired to help the US government arrange the sale of $114 billion in securities held by failed lenders Signature Bank and Silicon Valley…
Source: biztoc.com