A Brooklyn man indicted for an insider trading scheme used information from a Bloomberg News reporter about certain deals to trade, according to a review of the charging documents, in a case that comes as the volume of leaked information about mergers and acquisitions is rising.
Microsoft Corp said on Thursday it was investigating an issue with its Microsoft 365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them.
U.S. prosecutors are dropping accounting fraud charges against the former chief executive officer and onetime chief financial officer of Brixmor Property Group Inc, who were accused of manipulating a key financial metric for the large shopping center owner and operator.
A BIG question mark looms over how the inclusion of Nasdaq-listed Sea Ltd on a market index would finally weigh on the shares of Singapore banks - key components of this critical benchmark.
Greensill Capital's administrator has been unable to verify invoices underpinning loans to Liberty Steel owner Sanjeev Gupta, the Financial Times reported on Thursday.
Morgan Stanley plans to increase the dividend it pays shareholders when restrictions are lifted by the Federal Reserve, according to a letter Chief Executive James Gorman sent to shareholders on Thursday.
Ford Motor Co's political action committee is resuming making political donations and will not rule out making donations to Republican lawmakers that voted against President Joe Biden's election certification on Jan. 6, according to a letter from Ford seen by Reuters.
:The S&P 500 surged on Thursday to its first-ever close above the 4,000 mark, lifted by gains in Microsoft, Amazon and Alphabet, as well as optimism about a recovering U.S. economy.
JCPenney said on Thursday (Apr 1) it has agreed to transfer its pension obligations to annuities provider Athene, ensuring that the US department store chain's retired employees will continue to get their benefits.
