Credit Suisse Details Painful Final Days Before Rescue
The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed revenue diving and customers rushing to pull deposits.
J&J Consumer-Health Unit’s Listing to Test IPO Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an IPO market that has been in the doldrums for the past year.
Fortescue Third-Quarter Iron-Ore Exports Steady
Fortescue Metals Group Ltd. said third-quarter iron-ore shipments were steady versus a year earlier, and that it expects fiscal-year output costs to be at the lower end of company guidance.
Bed Bath & Beyond Files for Bankruptcy
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its retail locations to eventually close.
NBCUniversal CEO Jeff Shell to Depart
The chief executive is leaving his post effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast said Sunday.
GM Recalls Some Chevy Silverado Trucks Over Fire Risk
The move could involve as many as 40,000 medium-duty trucks.
Bud Light Brewer Puts Two Executives on Leave After Uproar Over Transgender Influencer
Alissa Heinerscheid, who oversaw Bud Light marketing, and her boss Daniel Blake are placed on leave.
Google CEO Pichai’s 2022 Compensation Valued at $226 Million
Compensation included stock awards valued at more than $200 million.
First Republic Earnings to Shed Light on Depth of Bank Crisis
Quarterly results will give investors insight into the extent of the damage after sharp deposit outflows at the bank.
New CNN Show Won’t Be Political, Hosts Gayle King and Charles Barkley Say
Mr. Barkley, an NBA commentator, said the new prime-time show “King Charles” won’t have a partisan stance but will tackle current issues like gun violence.
Source: Dow Jones Newswires