America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:55
US companies face less pressure for climate and social reforms
By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly
2023-06-09 19:29
German media group Axel Springer eyes AI acquisitions
BERLIN German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in
2023-06-09 17:48
GM to invest more than $500 million in Texas plant for future SUVs
By David Shepardson (Reuters) -General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly
2023-06-09 04:53
'Labor hoarding' is gaining steam as businesses brace for a recession
US companies wary about their economic prospects are battening down the hatches.
2023-06-09 01:27
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:54
Microsoft, Google strategy to test AI search ads irks some brands
By Sheila Dang Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to
2023-06-08 18:54
EU’s Fastest Inflation Slows More Than Seen on Hungary Recession
Hungarian inflation slowed more than estimated in May as a deepening recession limited the room for further price
2023-06-08 14:51
They said we were getting a recession. Instead, we're getting a bull market
What do you get when you mix recession fears, interest rate hikes, a spending slowdown and a housing crunch? A recipe for a bull market, apparently.
2023-06-07 19:48
China property liquidation risk heightened by delisting threat, says S&P
HONG KONG Some of China's distressed property developers face the risk of being delisted, which would reduce their
2023-06-07 16:27
Japan regulator exploring ways to bolster leveraged buyout financing
By Makiko Yamazaki and Ritsuko Shimizu TOKYO Japan's financial regulator is exploring ways to bolster financing for leveraged
2023-06-07 16:24
Sequoia to split off China, India/Southeast Asia businesses amid geopolitical tension
By Kane Wu, Julie Zhu and M. Sriram HONG KONG (Reuters) -U.S. venture capital giant Sequoia plans to split off
2023-06-07 08:00