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Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
Business

Podcast Cuts, Higher Music Royalties Deepen Spotify Losses

The streaming giant booked its strongest-ever quarter for user growth. Source link

Insurers Aim to Boost Rates
Business

Facing Big Storm Losses, Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

IBM positives offset by headwinds - JPMorgan
Finances

JPMorgan, Wells Fargo prepare for losses on office loans By Reuters

© Reuters. FILE PHOTO: Pedestrians walk through a park, with the skyline of Manhattan rising behind them, amid the coronavirus disease (COVID-19) outbreak, in the

Stocks, Bonds Suffer Weekly Losses as Investors Brace for Further Rate Increases
Finances

Stocks, Bonds Suffer Weekly Losses as Investors Brace for Further Rate Increases

The S&P 500 reversed early gains Friday to end slightly lower. Source link

Walmart Closing Four Stores in Chicago, Citing Years of Losses
Business

Walmart Closing Four Stores in Chicago, Citing Years of Losses

The country’s largest retailer by revenue signals some pullback from large cities. Source link

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

China to drop demand for development bank debt restructuring losses -source By Reuters

© Reuters. U.S. Treasury Secretary Janet Yellen speaks during a news conference at the Treasury Department in Washington, U.S., April 11, 2023. REUTERS/Elizabeth Frantz By

Bank Losses Can Be Gains for This Money Fund
Finances

Bank Losses Can Be Gains for This Money Fund

Markets Heard on the Street Federated Hermes is one of the biggest players in money-market fund management, and its stock has gotten a boost alongside

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Malaysia Bourse Tipped To Reclaim Friday’s Losses

(RTTNews) – The Malaysia stock market on Friday halted the three-day winning streak in which it had jumped almost 30 points or 2 percent. The

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Japan regional banks can weather foreign bond losses

© Reuters. FILE PHOTO: Women walk under a sign of Japan’s Financial Services Agency in Tokyo, Japan June 29, 2017. Picture taken June 29, 2017.