JPMorgan bets on new wealth planning tool to draw investments
By Tatiana Bautzer NEW YORK (Reuters) -JPMorgan Chase seeks to expand the reach of its wealth management business and bring…
Category: Business
BlackRock issued warning over ‘misleading statements’ tied to ESG funds
(Reuters) – BlackRock was issued a legal warning by the U.S. state of Mississippi over “false and misleading statements to…
GameStop shares fall as video game retailer faces competition, weak spending
(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…
Dell reduces workforce as part of broader cost cuts
(Reuters) -Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring…
US SEC seeks $2 billion from Ripple Labs, chief legal officer says
By Jody Godoy (Reuters) -The U.S. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its…
Hedge funds flock to Europe, ditch US stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds have been adding European stocks to their portfolios this year…
Oil prices down on Gaza ceasefire talks, flat on the week
By Laila Kearney NEW YORK (Reuters) -Oil prices slipped on Friday and were flat on the week as the possibility…
FedEx soars on profit beat, improved margins in its Express unit
By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly profit and reported…
Exclusive-China’s Leapmotor to build EVs at Stellantis’ Polish plant, sources say
(Reuters) -Leapmotor electric vehicles (EVs) will be built at partner Stellantis’ Tychy plant in Poland, two people close to the…
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…