BUSINESS
Lazard’s Q4 profit climbs on dealmaking rebound
January 30, 2025
Lazard’s Q4 profit climbs on dealmaking rebound
(Reuters) -Investment bank Lazard reported a rise in fourth-quarter profit on Thursday, helped by a strong performance in its advisory…
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
January 30, 2025
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
By Abhinav Parmar and Lisa Baertlein (Reuters) -United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a…
Energy Transfer Continues to Steadily Put More Cash into Its Investors’ Pockets
January 30, 2025
Energy Transfer Continues to Steadily Put More Cash into Its Investors’ Pockets
Energy Transfer (NYSE: ET) is giving its investors another raise. The master limited partnership (MLP) is increasing its quarterly cash…
Rakuten Scraps Plan to List Securities Unit on Tokyo Bourse
January 30, 2025
Rakuten Scraps Plan to List Securities Unit on Tokyo Bourse
(Bloomberg) — Rakuten Group Inc. said it no longer plans to list its securities arm on the Tokyo Stock Exchange,…
Georgia Republicans push to limit lawsuits. But would that keep insurance rates from rising?
January 30, 2025
Georgia Republicans push to limit lawsuits. But would that keep insurance rates from rising?
ATLANTA (AP) — The pitch from Georgia Gov. Brian Kemp is simple: Putting limits on lawsuits will halt rising insurance…
Wall Street watching for AI monetization, reaction to DeepSeek mania
January 30, 2025
Wall Street watching for AI monetization, reaction to DeepSeek mania
Jonathan Raa/NurPhoto via Getty Images Meta will release its fourth-quarter earnings after the closing bell on Wednesday. Shares in the…
Yen edges up against euro, dollar as rate outlooks diverge
January 30, 2025
Yen edges up against euro, dollar as rate outlooks diverge
By Wayne Cole SYDNEY (Reuters) – The yen made broad gains on Thursday as Japan looks on track to keep…
Brazil Egg Producer Considers US Deal After Merger With JBS
January 29, 2025
Brazil Egg Producer Considers US Deal After Merger With JBS
(Bloomberg) — South America’s top egg producer, fresh off a sale of a 50% stake in the company to meat…
Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth
January 29, 2025
Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth
(Bloomberg) — Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up…
Nasdaq slides, Nvidia drags tech lower as Fed leaves rates unchanged
January 29, 2025
Nasdaq slides, Nvidia drags tech lower as Fed leaves rates unchanged
The biggest initial development out of the Fed’s policy statement on Wednesday centered on a shift in the wording of…