US hedge funds dumped shares in Chinese companies in Q2
By Carolina Mandl NEW YORK U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their
2023-08-15 02:17
Biggest Treasury ETF Sees Largest Exodus Since 2020 Meltdown
Investors are bailing out of the biggest exchange-traded fund devoted to Treasuries at the fastest pace since markets
2023-08-15 01:55
Kraft Heinz CEO Patricio to become non-executive chair; Abrams-Rivera to become next CEO
Kraft Heinz says CEO Miguel Patricio will become non-executive chair of its board at the start of the new year, with Carlos Abrams-Rivera stepping into the top spot at the food products company at that time
2023-08-15 01:55
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Montana Youth Climate Activists Get Historic Win in State Case
(Bloomberg Law) -- A state judge ruled Monday that Montana’s oil and gas policies are infringing on young people’s constitutional
2023-08-15 01:47
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:45
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries' shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny
2023-08-15 01:29
Comcast Becomes Proud Partner of USA Gymnastics
INDIANAPOLIS--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 01:29
US says UBS to pay $1.43 billion for alleged fraud over residential mortgage-backed securities
WASHINGTON Banking group UBS and many of its U.S.-based affiliates have agreed to pay $1.43 billion in penalties
2023-08-15 01:27
Hawaiian Electric stock plunges 40% after lawsuit alleges it failed to shut power off ahead of the Maui wildfires
Hawaiian Electric's stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui's devastating wildfires were caused by the utility's energized power lines that were knocked down by strong winds.
2023-08-15 01:26
Biden urges automakers, union to make 'a fair agreement'
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called for union auto workers and Detroit's Big Three automakers to come
2023-08-15 01:15
Clari to Acquire Groove, Cementing Revenue Platform Leadership
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug 14, 2023--
2023-08-15 00:59