New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a level consistent with tightening labor market conditions and further wage gains that could keep inflation hot for a while.
05-05-2022
(Reuters) -Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm, CNBC reported on Thursday, as the billionaire inches closer to securing funds for the deal.
05-05-2022
New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a level consistent with tightening labor market conditions and further wage gains that could keep inflation hot for a while.
05-05-2022
Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine operation, its finance chief said on Thursday, as the carmaker presented above-expectation revenue data for the first quarter.
05-05-2022
The Nasdaq index tumbled over 3% on Thursday, dragged down by megacap growth stocks and on track to erase most of the gains recorded in the previous session's rally after the Federal Reserve's less aggressive tone.
05-05-2022
Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the German carrier's chief executive said on Thursday.
05-05-2022
MILAN (Reuters) -UniCredit cheered investors by saying it would soon start a 1.6 billion euro ($1.7 billion) share buyback put at risk by the Ukraine war, even as it set aside almost as much to cover the cost of quitting Russia.
05-05-2022
Megacap growth stocks dragged U.S. stock indexes lower at the open on Thursday, a day after the Federal Reserve's less aggressive tone sparked a rally.
05-05-2022
