The days of the aspirational, marketing-driven corporate sustainability report are dead. In their place, consumers, investors, and regulators now expect companies to…
Today, the board of directors of Whirlpool declared a quarterly dividend of $1.75 per share on the company’s common stock. The dividend…
Why Fed officials aren’t addressing the Israel-Hamas war the way they did with Ukraine
By Press Room
4 Mins read
When war broke out in Ukraine last year, Federal Reserve officials were quick to speak about it. “Let me comment on what…
Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets
By Press Room
2 Mins read
The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider…
Introduction So far this year, I have discussed two telecom giants. Struggling Verizon Communications (VZ) and T-Mobile U.S. (TMUS), which has done…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Belgian police…
Ericsson shares drop on profit warning as NetScout stock slides on outlook cut
By Press Room
1 Mins read
Here are some of the biggest moving shares ahead of Tuesday’s market open: Stock gainers: Tempest Therapeutics TPST, +4.30%, whose stock has…
General Dynamics Unit Gets U.S. Navy Ship Repair Contract Worth Up To $753.8M
By Press Room
1 Mins read
By Josh Beckerman General Dynamics said its NASSCO unit received a U.S. Navy ship repair contract for an initial $15.6 million, with…
© Reuters. The Canadian stock market experienced slight fluctuations in midday trading on Friday, following an early peak. The S&P/TSX Composite Index…
Mortgage bankers expect the 30-year rate to drop to 6.1% by the end of 2024
By Press Room
2 Mins read
High mortgage rates are hammering home buyers, but expect rates to fall over the next year, one industry group says. Mortgage rates…