Nicolas Mackel is the CEO of Luxembourg for Finance, the development body for the country’s financial centre As we mark the first anniversary of the Ukraine war, it is important to reflect on the suffering this war of aggression has wrought on our Ukrainian friends, and the inspiring courage they have shown. Beyond the destruction and … Read more
Shares of C3.ai Inc. were surging 14% in after-hours action Thursday after the software company, which deals in enterprise artificial intelligence, issued an upbeat forecast and cited “substantially improving” market sentiment. “As we enter into our fourth quarter, we are seeing tailwinds from improved business optimism and increased interest in applying C3.ai AI, +2.80% solutions … Read more
HSBC’s pay gap for female and Black employees in the UK increased last year, despite a focus on recruiting more senior staff. The UK lender’s average gender pay gap for UK employees in 2022 was 45.2%, according to figures in its annual report, up from 44.9% a year earlier. Meanwhile, the pay differential for Black employees … Read more
The U.S. stock market, as measured by the S&P 500 Index SPX, -0.73%, had finally broken out over triple resistance at 4100, on Feb. 1. But the S&P 500 has had trouble adding to that breakout. Instead, the market has pulled back and retested what is now support at 4100 numerous times this week. So … Read more
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. It might even actually help it. I’m referring to the new 1% excise tax on share repurchases that went into effect on Jan. 1. This tax has set off alarm bells in some corners of Wall Street, on the … Read more
Business Asia A short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors
The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a range of 4.25% to 4.50%, as expected at its meeting that ends Wednesday. With the relatively benign report on the consumer … Read more
Amgen Inc. AMGN -2.42% is in advanced talks to buy drug company Horizon Therapeutics HZNP 0.39% PLC, according to people familiar with the matter, in a takeover likely to be valued at well over $20 billion and mark the largest healthcare merger of the year. The U.S. biotechnology company was the last of three suitors … Read more
Kroger is the top U.S. supermarket operator by sales. Photo: elijah nouvelage/Agence France-Presse/Getty Images Updated Dec. 10, 2022 3:16 pm ET A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons ACI -0.88% Cos. planned to pay its shareholders amid its plans to be bought by Kroger … Read more
Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial agreement acknowledging that his son will inherit his estate held in a living trust (about $3 million). I get our home, and he is leaving me $350,000 … Read more