U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
The U.S. dollar is likely to keep strengthening this year, so American corporations should increase their hedges against a ...
The market hasn’t been this concentrated in at least 60 years. But is it a problem?
The current top five companies in the S&P 500 account for a greater chunk of the index than at any time over the last 60 ...
LA wildfires have caused more than $50 billion of economic loss — and counting
The wildfires that continue to devastate swaths of Los Angeles — forcing more than 100,000 people to evacuate their homes — ...
De La Rue Shares Jump on Revised Takeover Proposal
De La Rue shares rose after the company said that British private-equity firm Disruptive Capital GP and Pension SuperFund Capital tabled an offer to buy the whole company at the same price as ...
Polestar Retail Sales Rise in 4Q, Sees Strong 2025 Momentum
Polestar said its retail sales grew in the fourth quarter after seeing its order intake surge, creating a strong momentum for 2025. The Swedish electric-car maker on Thursday said that it sold 12,256 ...
Zentalis Gets FDA Fast-Track Designation for Azenosertib
Zentalis Pharmaceuticals has won a U.S. Food and Drug Administration fast-track designation for its lead product candidate azenosertib for certain cancer patients with high levels of the Cyclin E1 ...
Brookfield Asset Management Renews Share Buyback Program
Brookfield Asset Management has renewed a buyback program for up to 10% of its public float of limited voting class A shares.
Westinghouse CEO Patrick Fragman to Step Down
Westinghouse Electric President and Chief Executive Patrick Fragman is stepping down after more than five years running the nuclear reactor equipment manufacturer.