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February 2, 2023

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Stocks regain some lost ground as investors interpret U.S. payrolls data

December 21, 2022December 15, 2022 - by forumkznet

U.S. Treasury yields were lower and Wall Street’s benchmark S&P 500 ended down but well above the day’s lows on Friday as investors digested a stronger than expected jobs report, …

Stocks regain some lost ground as investors interpret U.S. payrolls data Read More
Business

GM, LG joint venture to invest $275 million in Tennessee battery cell plant

December 20, 2022December 15, 2022 - by forumkznet

General Motors Co (GM.N) and LG Energy Solution Ltd (373220.KS) said Friday they are investing another $275 million in their Tennessee joint venture battery cell plant to increase production by …

GM, LG joint venture to invest $275 million in Tennessee battery cell plant Read More
Business

TSX pares weekly gain as investors brace for further rate hikes

December 19, 2022December 15, 2022 - by forumkznet

Canada’s main stock index fell on Friday, including declines for financials and technology, as investors weighed U.S. and Canadian jobs data that could help determine the pace of central bank …

TSX pares weekly gain as investors brace for further rate hikes Read More
Business

U.S. to expand solar panel tariffs after probe finds Chinese evasion

December 18, 2022December 15, 2022 - by forumkznet

The United States will impose new duties on imports from some major Chinese solar panel makers after a months-long investigation found they were trying to dodge tariffs by finishing their …

U.S. to expand solar panel tariffs after probe finds Chinese evasion Read More
Business

Wall Street bankers to see bonuses shrink as dealmaking sputters

December 17, 2022December 15, 2022 - by forumkznet

Wall Street banks are weighing plans to slash bonuses this year, Bloomberg Law reported on Friday, as investment banking comes under pressure from choppy markets and a high interest-rate environment. …

Wall Street bankers to see bonuses shrink as dealmaking sputters Read More
Business

Activision Blizzard game testers vote to form union

December 16, 2022December 15, 2022 - by forumkznet

Workers who test games at Activision Blizzard Inc.’s (ATVI.O) unit Blizzard Albany have voted to form a union months after the games developer began negotiating with employees at its Wisconsin …

Activision Blizzard game testers vote to form union Read More
Business

Assa Abloy locks in $800 million deal to sell Emtek, Yale businesses to Fortune Brands

December 15, 2022December 15, 2022 - by forumkznet

Assa Abloy AB (ASSAb.ST) said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security (FBHS.N) in …

Assa Abloy locks in $800 million deal to sell Emtek, Yale businesses to Fortune Brands Read More

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