FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:48
US single-family housing starts tumble in August
WASHINGTON U.S. single-family homebuilding fell in August, likely as a resurgence in mortgage rates weighed on demand for
2023-09-19 20:55
Fewer 'I dos' ruin the party for China's $500 billion wedding industry
By Casey Hall and Farah Master SHANGHAI/HONG KONG COVID wasn't kind to wedding planners in China, where marriages
2023-09-19 09:47
Companies Get Renewed Pressure to Disclose Nature-Related Risks
Executives from companies, banks and asset managers published guidelines aimed at helping businesses disclose the risks they face
2023-09-19 06:50
Instacart’s Long-Awaited IPO to Test CEO’s Pivot, Market Rebound
Online grocery startup Instacart has been flirting with an initial public offering for years and is finally set
2023-09-18 17:56
Moody's cuts China property sector's outlook to negative
Moody's on Thursday cut China's crisis-hit property sector's outlook to negative from stable, citing economic growth challenges the
2023-09-14 13:59
Arm share sale values UK chip designer at over $54bn
The shares were priced at the top of the range that had been indicated to prospective investors.
2023-09-14 08:50
Goldman Sachs Dismisses Transaction Banking Chief Hari Moorthy
Goldman Sachs Group Inc. fired transaction banking executives including the head of the business, Hari Moorthy, over compliance
2023-09-14 07:50
DraftKings apologizes for 9/11-themed 'Never Forget' parlay bet
The wager, bearing the title "Never Forget," was a parlay bet that the New York Mets, New York Yankees, and New York Jets would win their respective games on September 11. DraftKings apologized and said it respects the "significance of this day."
2023-09-12 04:57
Temasek’s Advanced MedTech Chooses Singapore IPO Over US, Sources Say
Advanced MedTech Holdings Pte, a medical device maker backed by Singapore’s state-owned investment firm Temasek Holdings Pte, has
2023-09-11 15:22
Goldman to Cut Underperformers as Soon as October, FT Says
Goldman Sachs Group Inc. plans to dismiss underperformers as soon as next month, as part of the Wall
2023-09-08 18:45
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation - sources
By Aditya Kalra and Aditi Shah NEW DELHI Singapore's investment firm Temasek led a $140 million funding round
2023-09-07 16:29