UBS Outlines Leadership Team Ahead of Credit Suisse Deal
UBS said Ulrich Koerner, current Credit Suisse CEO, will join the UBS executive board once the takeover is closed, while Todd Tuckner will take on the role of CFO.
Daimler Truck Boosted by Strong Demand
Daimler Truck posted sharply higher underlying earnings of EUR1.1 billion in the first quarter on strong demand and as global supply chains improved.
Goldman Sachs to Pay $215 Million to Settle Female Employees’ Discrimination Case
The Wall Street bank will also engage an independent expert to review its pay practices and employee performance evaluations.
KKR Reports Decline in Key First-Quarter Profit Metric
New York firm remains bullish on long-term return prospects, saying that despite challenging market conditions it isn’t a forced seller.
New York Times to Get Around $100 Million From Google Over Three Years
The Times had previously announced the deal, without disclosing financial terms, saying it covered distribution, subscriptions, marketing and ad products.
Disney World Ditches Reservations for Some Tickets
A reservation system implemented during the pandemic was unpopular with many visitors.
Bittrex Files for Bankruptcy After SEC Sues the Crypto Platform
The Seattle-based company filed for bankruptcy after being sued by federal securities regulators and winding down its U.S. operations.
PayPal logs earnings beat, but stock falls as margin talk underwhelms
PayPal Holdings Inc. beat estimates with its quarterly results Monday, and the company now has better growth expectations for the full year.
Palantir stock roars more than 20% higher after second straight earnings surprise
Palantir Technologies Inc. delivered a surprise profit for the second quarter in a row Monday, while also topping revenue expectations.
Wall Street Journal, New York Times, Washington Post Win Pulitzers
The Journal won for an investigative series examining the investments of federal officials.
Source: Dow Jones Newswires