50/FIFTY

Today's stories, rewritten neutrally

FinanceMar 17

BHP Appoints Americas Chief Brandon Craig as New CEO

Mining giant BHP has selected Brandon Craig, head of its Americas operations, to succeed Mike Henry as chief executive officer.

4 sources
FinanceMay 12

Webtoon Entertainment Forecasts Modest Q2 Revenue Growth

Digital comics platform Webtoon Entertainment projected second-quarter revenue of $332-342 million, representing modest growth that disappointed investors.

3 sources
FinanceMay 14

3i Group Shares Fall After Discount Retailer Action Reports Slower Growth

Private equity firm 3i Group's shares declined following weaker performance at portfolio company Action, a European discount retailer.

2 sources
FinanceMar 27

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
FinanceMay 28

Federal Agencies Pursue Separate Regulatory Actions in Agriculture and Finance Sectors

The FTC is investigating the fertilizer industry while the CFTC seeks to reverse a settlement with a Winklevoss twins company.

2 sources
FinanceApr 29

U.S. Crude Oil Stockpiles Drop 6.2 Million Barrels, Exports Hit Record Weekly High

Commercial crude oil inventories fell significantly while the U.S. recorded record weekly exports, according to Energy Information Administration data.

2 sources
FinanceApr 7

Levi Strauss Raises Guidance After Strong Quarter; GoPro Cuts 23% of Workforce

Levi Strauss posted 14% revenue growth and raised fiscal year guidance while GoPro announced plans to eliminate 145 employees in restructuring.

4 sources
FinanceMay 11

Nike CEO Purchases $2 Million in Company Stock Amid Turnaround Efforts

Nike CEO Elliott Hill bought $2 million worth of company shares as the athletic wear giant works through operational challenges.

3 sources
FinanceMay 13

Former NYC Judge Charged with $5 Million Real Estate Investment Fraud

A former New York City judge who resigned under investigation has been charged with defrauding real estate investors of at least $5 million.

2 sources
FinanceMay 28

Unilever Plans Major U.S. Research Facility Investment in New Haven

Unilever will build a new research and development center in New Haven, Connecticut, representing its largest U.S. R&D infrastructure investment in 40 years.

2 sources
FinanceApr 14

Treasury Secretary Says Executive Order on Bank Citizenship Data Collection 'In Process'

Treasury Secretary Scott Bessent confirmed a proposed executive order requiring banks to collect citizenship information is being developed.

2 sources
FinanceApr 29

KPMG Closes US Government Audit Practice After Army Contract Loss

Accounting firm KPMG has shut down its US government audit practice following the loss of a major Army contract.

2 sources
FinanceMay 6

Prediction Markets Face Regulatory Scrutiny as Industry Seeks U.S. Policy Framework

Popular prediction market Polymarket operates from Panama after U.S. shutdown, while lawmakers propose new legislation to regulate the growing industry.

2 sources
FinanceApr 21

Goldman CEO and Bank of America Analysts Issue Market Warnings

Financial leaders express concerns about market volatility and recession risks amid recent stock market movements.

2 sources
FinanceApr 14

7-Eleven to close 645 stores in North America in 2026

Convenience chain 7-Eleven plans to close 645 locations in North America during fiscal year 2026, outpacing 205 planned openings.

3 sources

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