Glass Lewis recommends vote against Goldman Sachs' one-off executive bonuses

Proxy advisory firm Glass Lewis urged shareholders of Goldman Sachs Group Inc to vote against special bonuses the Wall Street bank has proposed for two top executives.

newspaper

08-04-2022

Bank of America: SEC 'heading in right direction' on climate risk rule

NEW YORK (Reuters) -Bank of America on Friday voiced support for the securities regulator's proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions.

newspaper

08-04-2022

Dow gains, S&P 500 slips as market mulls Fed rate hikes

By Herbert Lash, Bansari Mayur Kamdar and Praveen Paramasivam

newspaper

08-04-2022

Analysis: Warner Bros Discovery's Zaslav takes over as streaming bubble bursts

As David Zaslav prepares to take over as head of Hollywood's new powerhouse, the soon-to-be formed Warner Bros Discovery, he’ll confront a challenge few anticipated last May, when the $43 billion merger of WarnerMedia and Discovery Inc was announced -- how to make streaming video as profitable as the old TV business it's replacing.

newspaper

08-04-2022

Rouble falls after rallying, stocks down on new U.S. sanctions

(Reuters) -The Russian rouble on Friday hit its strongest level against the euro since June 2020 after an unexpected central bank rate cut, but soon reversed gains and ended the day in the red, while stocks fell after the U.S. Congress voted to ban Russian oil.

newspaper

08-04-2022

Bank of America backs SEC proposal for climate risk disclosures

Bank of America on Friday threw its support behind the securities regulator's proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions.

newspaper

08-04-2022

Mitsubishi halts production at Russian plant it co-runs with Stellantis

(Reuters) -Japanese automaker Mitsubishi Motors said on Friday it had stopped production at a Russian van plant in Kaluga that it owns with Stellantis until further notice, joining other major carmakers that have halted operations in Russia.

newspaper

08-04-2022

Dow, S&P 500 rise as banks jump

(Reuters) -The S&P 500 and the Dow rose in choppy trading on Friday, boosted by a jump in banking stocks at the end of a volatile week marked by concerns around aggressive moves by the U.S. Federal Reserve to tame inflation.

newspaper

08-04-2022

GIP, Brookfield waiting on Atlantia as Benettons study rival bid

MILAN (Reuters) -Investment funds Global Infrastructure Partners and Brookfield are not contemplating any "hostile" move on Italy's road and airport operator Atlantia as a rival bid takes shape, two sources said on Friday.

newspaper

08-04-2022