NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…
ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
Walt Disney‘s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers…
Tucker Carlson set to interview Vladimir Putin
Former Fox News host Tucker Carlson said he will interview Russian President Vladimir Putin, becoming the first member of the…
Bankrupt trucker Yellow repays $700 million Covid loan, Teamsters blast ‘failed executives’
Bankrupt trucking company Yellow has fully repaid a controversial $700 million Covid loan to the U.S. Treasury Department, plus more…
Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up
Billionaire investor Ken Griffin’s flagship hedge fund rose last month as volatility made a return amid the debate about rate cuts,…
Superdry shares soar more than 100% as company considers going private
LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and…
Jeffrey Gundlach says all the ‘Goldilocks’ talk makes him nervous, thinks recession is still likely
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a “Goldilocks” economic scenario benefiting risk assets,…
Chinese hackers are determined to ‘wreak havoc’ on U.S. critical infrastructure, FBI director warns
Chinese government hackers are busily targeting water treatment plants, the electrical grid, transportation systems and other critical infrastructure inside the…
