U.S. stocks finish mostly higher after struggling to find direction for much of Monday’s session. The tech-heavy Nasdaq Composite, however, ends slightly lower.
Dow Jones Newswires: Casino gets capital injection offer from Kretinsky’s EP Global
Investor made an offer to subscribe to a capital increase for up to €750 million ($824m) a move that could lead to a change of control of the debt-laden group.
Dow Jones Newswires: Silver Lake to launch $2.42 billion takeover offer for Software AG
Silver Lake had already invested EUR344 million in Software AG via a convertible bond in Feb. 2022.
Dow Jones Newswires: Philips posts wider loss after booking provision, says ‘uncertainties’ remain
The Dutch health-technology company said net loss for the period was 665 million euros ($730.9 million) compared with a loss of EUR151 million for the first quarter of 2022.
Dow Jones Newswires: Credit Suisse suffered outflows of 61.2 billion Swiss francs in first quarter
The first-quarter result comes as the Zurich-based bank is being taken over by Swiss peer UBS as part of an emergency measure to shore up confidence in the global banking system.
Dow Jones Newswires: UBS Chief Risk Officer Christian Bluhm to remain in role due to Credit Suisse deal
Damian Vogel–who was due to take over as the Swiss bank’s chief risk officer on May 1–has been appointed to the newly created role of group risk control head of integration.
Dow Jones Newswires: BOJ will continue monetary easing for now, Ueda says, as inflation to slow soon
Bank of Japan Gov. Kazuo Ueda said Monday that he would continue monetary easing for the time being because he expects inflation to start slowing down soon.
: Most Americans don’t want a Biden-Trump rematch in 2024, new poll finds
An NBC News survey released Sunday found that while 60% of Americans think Donald Trump should not run for the White House again, 70% think Biden should not run for reelection.
The Margin: Twitter’s blue-check-mark drama gets stupider over the weekend
What do Twitter’s blue check marks signify? After this weekend, it’s increasingly difficult to figure out.
: NBCUniversal CEO Jeff Shell leaves company following ‘inappropriate relationship’
Jeff Shell, chief executive of Comcast Corp.’s NBCUniversal, abruptly left the company Sunday following an investigation into a complaint of inappropriate conduct.
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