Martin Shkreli settles all litigation with his former company Retrophin
Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, has settled all outstanding disputes with Retrophin Inc, the biopharmaceutical company he founded...
Fed rate-cut sign boosts stocks, dollar drops
World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury note yield dipped below...
Fed rate-cut sign boosts stocks, dollar and yields drop
World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2%...
S&P hits record closing high as investors bet on Fed rate cut
The S&P 500 index registered a record closing high on Thursday, lifted by Wall Street’s expectations that the Federal Reserve will cut interest rates as...
Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals – sources
Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15...
HomeStreet defeats activist Roaring Blue Lion in proxy contest
HomeStreet Inc defeated Roaring Blue Lion Capital Management’s campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial...
Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources
Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health...
Rate-cut euphoria elevates S&P 500 to record high
The S&P 500 index touched a record high on Thursday, driven Wall Street’s expectations that the Federal Reserve will cut interest rates as soon as...
Slack stock surges at debut, values company at more than $25 billion
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company...
Sparkly unicorn ice cream: Kroger’s bid to win grocery wars
Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth,...