Corporate credit quality weaker than markets factor in – Janus Henderson
By Chiara Elisei LONDON (Reuters) – Corporate credit quality is weaker than financial markets currently price in, while defaults are likely to pick up in …
Corporate
South Korea proposes tax cuts to stimulate corporate investment, childbirth
By Jihoon Lee SEOUL (Reuters) – South Korea on Thursday proposed tax cuts to encourage companies to shift operations back home and nurture the biopharmaceutical …
Bud Light maker to lay off hundreds of US corporate staff after sales slump – CNN
(Reuters) – Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, …
Corporate net debt hit record in 2022/23, but borrowing appetite to decline – Janus Henderson
By Chiara Elisei LONDON (Reuters) – Companies around the globe took on a record $456 billion of net new debt in 2022/23, although higher interest …
Six dead in private jet crash outside Los Angeles
(Reuters) – All six people aboard a small jet died when the aircraft crashed and burned in a field near an airport near Los Angeles …
The Corporate Diversity Industry Is Finally Getting The Hint That People Are Sick Of Them
The Corporate Diversity Industry Is Finally Getting The Hint That People Are Sick Of Them Will Kessler on July 3, 2023 Support for diversity, equity …
Factbox-U.S. corporate heavyweights’ progress report on diversity pledges
(Reuters) – The U.S. Supreme Court ruling striking down race-conscious policies in college admissions includes some subtle warnings to companies about the legal limits of …
Biden Implores Corporate America Not To Abandon Race-Based Hiring Practices
Biden Implores Corporate America Not To Abandon Race-Based Hiring Practices Nick Pope on June 29, 2023 President Joe Biden called on U.S. corporations to stand …
The Supreme Court’s Coming Ruling On Affirmative Action Could Have Ripple Effects Through Corporate America
The Supreme Court’s Coming Ruling On Affirmative Action Could Have Ripple Effects Through Corporate America Katelynn Richardson on June 28, 2023 The Supreme Court’s soon …
Global initiative launched to rate corporate carbon offset claims
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits …
BlackRock names new corporate affairs chief
By Ross Kerber (Reuters) – Top asset manager BlackRock on Thursday named outside executive John Kelly to a newly created role overseeing its public policy, …
Low-tax Switzerland votes on global minimum corporate tax rate
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to …
BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push …
Cori Bush Claims GOP Opposition To Corporate Climate Mandates Puts ‘Black And Brown’ People ‘In Harm’s Way’
Cori Bush Claims GOP Opposition To Corporate Climate Mandates Puts ‘Black And Brown’ People ‘In Harm’s Way’ Harold Hutchison on June 6, 2023 Democratic Rep. …
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond issuance binge but this rapid …
Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%
(Reuters) – Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on …
JPMorgan sees rise in corporate defaults in Latin America
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing in particular growing risk among …
Intel, Boston Consulting Group team to sell AI to corporate customers
By Stephen Nellis (Reuters) – Intel Corp and Boston Consulting Group on Wednesday said they are working together to sell generative artificial intelligence tools to …
Ireland could amass $156 billion wealth fund with windfall corporate tax
DUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much of its future age-related costs …
Adecco sales top forecast as corporate Europe hires temps
By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying off staff to cope with …
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan Stanley are slashing thousands of …
Corporate access to capital worsens after bank turmoil, Janus Henderson report
By Chiara Elisei LONDON (Reuters) – Corporates’ access to capital deteriorated after turmoil in the banks sector in March while cash flow and earnings are …
Nikki Haley Scores Stock Payday From Serving On Corporate Board Despite Presidential Bid
Nikki Haley Scores Stock Payday From Serving On Corporate Board Despite Presidential Bid Jason Cohen on April 24, 2023 Nikki Haley, a Republican candidate for …
Tucker Carlson Accuses Corporate Media Of ‘Covering Up’ What The Leaked Pentagon Docs Actually Reveal
Tucker Carlson Accuses Corporate Media Of ‘Covering Up’ What The Leaked Pentagon Docs Actually Reveal Harold Hutchison on April 13, 2023 Fox News host Tucker …
South Korea to set up $759 million corporate restructuring fund
SEOUL (Reuters) – South Korea’s financial regulator said on Tuesday the government would set up a 1 trillion won ($758.97 million) public fund to support …
Apple to cut small number of jobs in some corporate retail teams – Bloomberg News
(Reuters) -Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the …
Burger chain McDonald’s to lay off hundreds of corporate employees -source
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) – The number of corporate employees McDonald’s Corp plans to lay off this week will tally …
Corporate agitator Ackman tells US to raise FDIC insurance limit to shore up confidence
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman who spent years telling corporations how to perform better is now taking on the …
Russia’s corporate profits dropped 21.3% in Jan, business climate worsened
MOSCOW (Reuters) – Russian companies made profits of 2.34 trillion roubles ($30.25 billion) in January, data from the federal statistics service showed on Wednesday, down …
French corporate finance chiefs vet bank risks and exposure -lobby
PARIS (Reuters) – Corporate finance directors are scrutinising who they bank with in the wake of recent market tensions but there is no rush for …
‘Coordinated Effort’: Tucker Carlson Rips Corporate Media For Parroting Chinese ‘Propaganda’ On Climate Change
‘Coordinated Effort’: Tucker Carlson Rips Corporate Media For Parroting Chinese ‘Propaganda’ On Climate Change Harold Hutchison on March 22, 2023 Fox News host Tucker Carlson …
India’s strong corporate debt profile key to macroeconomic stability – fin min
NEW DELHI (Reuters) – The strong debt profile of Indian corporates will be a major factor in maintaining the Asian nation’s macroeconomic stability, the country’s …
EXCLUSIVE: Vast Majority Of Americans Oppose Corporate Diversity Quotas, Poll Shows
EXCLUSIVE: Vast Majority Of Americans Oppose Corporate Diversity Quotas, Poll Shows Laurel Duggan on March 16, 2023 The vast majority of Americans believe U.S. companies …
‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse
‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon …
US Treasury eyes effective hike in overseas corporate minimum tax to 21%
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income …
Fed’s Powell acknowledges slimmer corporate profits could help curb inflation
By Howard Schneider WASHINGTON (Reuters) – It wasn’t volunteered, but Federal Reserve Chair Jerome Powell on Tuesday made his most extensive comments to date on …
States And Localities, Flush With COVID Cash, Are Showering Corporate America With Handouts: REPORT
State and local governments issued at least eight separate $1 billion subsidy packages to major corporations in 2022, thanks in part to federal COVID-19 spending, according …
SUZANNE DOWNING: Biden’s Fumble On Corporate Taxes Would Leave Retirees Injured On The Field
SUZANNE DOWNING: Biden’s Fumble On Corporate Taxes Would Leave Retirees Injured On The Field Suzanne Downing on February 12, 2023 During his State of the …
Marketmind: Corporate scatter
A look at the day ahead in U.S. and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a …
Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’
Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’ John Hugh DeMastri on February 7, 2023 President Joe Biden criticized …
U.S. corporate default rate to rise in 2023 -Moody’s
By Matt Tracy (Reuters) – Moody’s Investors Service expects the U.S. corporate debt default rate to accelerate to nearly 6% by year-end from 2% in …
Investors write to FTSE cos for new group to ease corporate governance issues – FT
(Reuters) – Some of the world’s biggest investors have proposed forming a new group, which will include board members of top UK companies, to address …
Davos 2023: Colombia pushes LatAm corporate tax accord
DAVOS, Switzerland (Reuters) – Colombia is looking to supplement a global deal setting minimum tax levels for multinationals with an additional accord among its fellow …
Corporate Execs And Insiders Shy Away From Stocks In ‘Warning’ Sign For Economy
Corporate Execs And Insiders Shy Away From Stocks In ‘Warning’ Sign For Economy John Hugh DeMastri on January 5, 2023 Despite crashing stock prices, corporate …
California Court Blocks Diversity Quotas For Corporate Boards
California Court Blocks Diversity Quotas For Corporate Boards Alexa Schwerha on December 20, 2022 The California Court of Appeals upheld two injections against state-mandated diversity …
Corporate China struggles with supply snags, demand slump as COVID cases spread
By Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country …
Australia’s ANZ shareholders vote to amend corporate holding structure
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and …
Blue Apron to cut 10% of corporate workforce
(Reuters) – Meal kit company Blue Apron Holdings Inc said on Thursday it would cut about 10% of its corporate workforce as it looks to …
Chief Financial Officer Of Global Public Relations Firm Sentenced To 52 Months In Prison For Fraud And Falsification Of Corporate Records
Damian Williams, the United States Attorney for the Southern District of New York, announced today that FRANK OKUNAK, the former chief financial officer of one …
‘Humiliating Sh*t’: Corporate Media And Liberals Circle The Wagon, Attack Matt Taibbi For Unveiling ‘Twitter Files’
Liberal personalities and members of the corporate media lashed out at journalist Matt Taibbi Friday following the release of internal documents detailing Twitter’s censorship of …