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Amazon's Slowdown Has Yet to Pinch Its Landlord
Finances

Amazon's Slowdown Has Yet to Pinch Its Landlord

Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. Source link

Goldman Sachs Reports Lower Profit
Finances

Goldman Sachs Reports Lower Profit

Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source

State Street, Schwab See Deposits Drop
Finances

State Street, Schwab See Deposits Drop

Banks across the board are under pressure to pay depositors more as interest rates continue to rise. Source link

SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges
Finances

SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges

Markets Currencies Cryptocurrency Seattle-based company, winding down American operations, is told it faces potential enforcement action Source link

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
Finances

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link

Don't Call Them 'Barbarians at the Gate'
Finances

Don't Call Them 'Barbarians at the Gate'

KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link

There Was No Crisis for JPMorgan and Its Big-Bank Peers
Finances

There Was No Crisis for JPMorgan and Its Big-Bank Peers

Markets Finance JPMorgan, Wells Fargo, Citigroup post profit and revenue gains after turmoil last month Source link

Subway Sale Process Heats Up as Bidders Head to Second Round
Business

Subway Sale Process Heats Up as Bidders Head to Second Round

More than 10 possible suitors, including some big names in private equity, are conducting due diligence. Source link

Muni Junk Bond King John Miller to Retire
Finances

Muni Junk Bond King John Miller to Retire

Nuveen municipal-bond chief John Miller, who helped transform the Chicago-based investment firm into the nation’s top manager of junk-rated state and local debt, will retire

Wedbush Securities appoints Michael Stone as Senior VP, Head of FX Prime Brokerage
Finances

Wedbush Securities appoints Michael Stone as Senior VP, Head of FX Prime Brokerage

Wedbush Securities announces the expansion into FX Prime Brokerage services directed by industry veteran, Michael Stone as Senior Vice President. The firm will begin this