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: Dow ends 130 points higher Friday, stocks book weekly gains despite continued banking sector concerns
25 March, 2023

U.S. stocks ended a volatile week higher on Friday, a week that saw the Federal...

: Softbank to merge with AI robotics company in which it had invested
25 March, 2023

SoftBank Group Corp. JP:9984 plans to buy the remaining portion of AI and robotics developer...

: Softbank to merge with AI robotics company in which it had invested
25 March, 2023

SoftBank Group Corp. JP:9984 plans to buy the remaining portion of AI and robotics developer...

: Dow ends 130 points higher Friday, stocks book weekly gains despite continued banking sector concerns
25 March, 2023

U.S. stocks ended a volatile week higher on Friday, a week that saw the Federal...

: Iovance Biotherapeutics completes license application submission for advanced melanoma therapy; shares rally
25 March, 2023

Biotech cancer-treatment developer Iovance Biotherapeutics Inc. IOVA on Friday said it had completed its rolling...

: U.S. bank sector ‘remains sound and resilient,’ council of top regulators says after Friday meeting
25 March, 2023

The Financial Stability Oversight Council said that “while some institutions have come under stress, the...

: Rivian relocates engineers to Illinois factory, California HQ to increase production speed: report
25 March, 2023

EV maker Rivian Automotive Inc. RIVN is drawing its engineers from across the U.S. to...

: Intel co-founder Gordon Moore dies at 94
25 March, 2023

Gordon Moore, the co-founder of Intel Corp. INTC who helped accelerate the digitization of everyday...

: McMahon agreed to reimburse WWE for investigation into misconduct allegations
25 March, 2023

World Wrestling Entertainment Inc. WWE on Friday said Executive Chairman Vince McMahon agreed to pay...

: Gold futures finish lower, post a 4th straight weekly gain
24 March, 2023

Gold futures ended lower on Friday, paring their gain for the week, with prices failing...

: 89bio’s public stock offering upsized by 38%, priced at a 4% discount
24 March, 2023

89bio Inc. ETNB said Friday that its public offering of stock, which the biopharmaceutical company...

: Chevron, Goldman and JPMorgan Chase lead all 30 Dow stocks lower
24 March, 2023

The Dow Jones Industrial Average’s DJIA early weakness, amid investor jitters over the health of...

: Student loan servicer Nelnet to cut 550 jobs after Dept. of Education cut pricing of contracts
24 March, 2023

Shares of Nelnet Inc. NNI were indicated down more than 3% in premarket trading Friday,...

: 2-year Treasury yield heads toward its biggest three-week decline since November 1987
24 March, 2023

Treasury yields plunged on Friday amid continued concerns about the global banking system, sending the...

: Schwab CEO says the company has ample liquidity: WSJ
24 March, 2023

Charles Schwab Corp. SCHW CEO Walt Bettinger said the brokerage and financial services firm has...

: Ally Financial names Goldman Sachs veteran as new CFO
24 March, 2023

Ally Financial Inc. ALLY on Friday named Russell Hutchinson as its new chief financial officer....

: U.S. stocks open lower as bank concerns persist
24 March, 2023

U.S. stocks opened lower Friday as investors continued to watch for signs of stress in...

: S&P revises American Airlines outlook to positive from stable
24 March, 2023

The outlook on American Airlines Group Inc. AAL‘s issuer credit rating was revised to positive...

: Citi analyst sees ‘ample’ liquidity in banks to cover deposit withdrawals
24 March, 2023

This story was updated to change the percentage coverage of uninsured depots at US Bancorp...

: Marlboro cigarettes maker Altria looks to double its smoke-free revenue in 5 years, and considers expanding to cannabis and caffeine pouches, WSJ reports
24 March, 2023

Marlboro cigarette parent Altria Group Inc. MO said it is considering expanding into non-nicotine offering,...

: Activision stock rises as U.K. regulator reduces concerns with Microsoft acquisition
24 March, 2023

Activision Blizzard Inc. stock ATVI is up about 5% in premarket trades after the U.K.’s...

: Yellen to chair financial stability council meeting as bank worries persist
24 March, 2023

Treasury Secretary Janet Yellen will convene a meeting of the Financial Stability Oversight Council Friday.FSOC...

: Traders move away from Fed’s rate outlook, coalescing around idea of full percentage point of rate cuts by year-end
24 March, 2023

Resending to correct headline.Fed funds futures traders now see a 39% likelihood that the Federal...

: Baker Hughes reports a weekly rise in active U.S. oil-drilling rigs
24 March, 2023

Baker Hughes BKR on Friday reported that the number of active U.S. rigs drilling for...

: Deutsche Bank shares slump 8%
24 March, 2023

Deutsche Bank shares XE:DBK slumped 8% in Frankfurt trade on Friday, as worries over bank...