Finance4d ago
JetBlue Exploring Sale Options, Hires Financial Advisers
JetBlue Airways has retained financial advisers to explore potential sale options, including a possible acquisition by a rival airline.
9 sources
Finance4d ago
Investment Firm Warns of Multi-Decade Inflation from AI and Energy Sectors
Infrastructure and fund management company IFM Investors predicts that artificial intelligence and energy transitions will drive inflationary pressures for decades.
6 sources
Finance3d ago
Pernod Ricard Held Merger Discussions with Brown-Forman, Sources Say
French spirits giant Pernod Ricard engaged in merger talks with Brown-Forman, the maker of Jack Daniel's whiskey, according to sources.
5 sources
Finance2d ago
Major Financial Firms Face Job Cuts and Departures Amid Market Pressures
KPMG plans hundreds of auditing job cuts while Citadel sees trader departure after losses, highlighting broader industry challenges.
3 sources
Finance5d ago
Estée Lauder in Talks to Acquire Spanish Beauty Company Puig
Cosmetics giant Estée Lauder is reportedly in discussions to acquire Spanish beauty company Puig, which owns brands like Carolina Herrera and Charlotte Tilbury.
16 sources
Finance2d ago
Financial Firms Issue Mixed Market Warnings on Trading Risks and Energy Shocks
Goldman Sachs traders advise against short positions while Barclays warns of underpriced energy risks as Kalshi gains margin trading approval.
3 sources
Finance5d ago
Bipartisan Senators Introduce Bill to Ban Sports Betting on Prediction Markets
U.S. senators plan to introduce legislation prohibiting CFTC-regulated prediction markets from offering contracts on sporting events.
24 sources
Finance5d ago
European Gas Prices Decline Despite Middle East Supply Concerns
European natural gas prices fell but supply disruption concerns from Middle East infrastructure damage limited the decline.
17 sources
Finance3d ago
Gender wage gap widens for second consecutive year as Equal Pay Day falls later
Women earned 80.9% of men's wages in 2024, down from 82.7% in 2023, marking the second straight year the gender pay gap has widened after two decades of gradual improvement.
4 sources
Finance3d ago
Wall Street Bonus Pool Reaches Record $49.2 Billion Despite Market Volatility
Wall Street firms distributed a record $49.2 billion in bonuses, with average payouts nearing $250,000 per employee amid ongoing market uncertainty.
5 sources
Finance4d ago
Hedge Fund Millennium Explores Relocating Dubai Staff to Jersey
Investment management firm Millennium is considering moving its Dubai-based staff to Jersey as part of operational restructuring.
26 sources
Finance3d ago
Japan Signals Possible Currency Intervention as Yen Approaches 160 Per Dollar
Japanese finance official indicates potential intervention to support weakening yen as currency nears critical 160 level against dollar.
4 sources
Finance1d ago
Poor Credit Scores Impact Employment Opportunities and Drive Personal Loan Usage
Credit scores increasingly affect job prospects as employers conduct background checks, while Americans turn to personal loans for major purchases.
2 sources
Finance3d ago
Singapore Plans to Build Asian Gold Trading Hub
Singapore is developing plans to establish itself as a major gold trading hub in Asia, including hosting central bank gold reserves.
5 sources
Finance3d ago
Multiple Companies Announce Revenue Projections and Business Expansions
Various technology and industrial companies disclosed financial targets and growth plans, while Meta expanded its data center investment to $10 billion.
10 sources
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