CEOs take pay cuts after brutal 2022
New York CNN Enterprise — Company boards are slashing the pay of some main CEOs in a brand new pattern that might simply be getting began. The pay cuts are…
Chevron earnings soar to document
New York CNN — Chevron reported a document full-year revenue of $36.5 billion, buoyed by excessive oil costs. Adjusted earnings for the 12 months greater than doubled from the $15.6…
Gautam Adani considers authorized motion over ‘baseless’ Hindenburg’s fraud claims
New Delhi CNN — India’s Adani Group has denounced allegations of fraud made by Hindenburg Analysis as “baseless” and a “malicious mixture of selective misinformation,” and is contemplating authorized motion…
Taylor Swift ticket gross sales debacle manages to unite bitter rivals
Editor’s Be aware: A model of this story appeared in CNN Enterprise’ Nightcap e-newsletter. To get it in your inbox, join free, right here. New York CNN — American democracy…
New York Inventory Alternate: Buying and selling briefly halted for a number of shares
New York CNN — Buying and selling for dozens of corporations on the New York Inventory Alternate was briefly halted Tuesday simply after the market opened. Main names impacted included…
Neglect inflation, it is all about earnings
New York CNN — To every thing there’s a season and now could be the time for earnings. Over the previous few weeks traders have been squarely targeted on inflation…
Financial institution earnings fail to impress traders as recession worries rise
New York CNN — JPMorgan Chase, Financial institution of America, Citigroup and asset administration big BlackRock posted outcomes that topped Wall Avenue’s forecasts Friday, however traders have been nonetheless upset.…
Inventory sentiment is optimistic regardless of awful headlines
New York CNN — It’s solely early January, however thus far in 2023 the pendulum on Wall Avenue has swung (to paraphrase Billy Joel) from disappointment to euphoria. Shares are…
Jack Ma to relinquish management of Ant group
CNN — Chinese language billionaire Jack Ma will now not management Ant Group after the fintech large’s shareholders agreed to reshape its shareholding construction, in response to an announcement launched…
Dow and S&P 500 updates: Inventory market information
New York CNN — The nice vibes on Wall Road are fading quick: US slid tumbled but once more on Friday as traders come to grips with a souring economic…