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You are here: Home / Archives for Top Stories

Dow Jones Newswires: HSBC’s profit surges on strong net interest income, plans $2 billion in buybacks

May 2, 2023 by MarketWatch.com - Top Stories

First-quarter net profit surged to $10.33 billion from $2.76 billion in the same period a year earlier, the Asia-focused lender said Tuesday.

Filed Under: Top Stories

Dow Jones Newswires: U.K. shop-price inflation likely to have peaked after April deceleration, report says

May 2, 2023 by MarketWatch.com - Top Stories

Prices at U.K. stores in the period April 1-7 were 8.8% higher on year, slowing from an 8.9% increase in March, but still above the 3-month average rate of 8.7%.

Filed Under: Top Stories

Dow Jones Newswires: RBA resumes interest-rate increases, despite signs of inflation peak

May 2, 2023 by MarketWatch.com - Top Stories

The RBA put its aggressive campaign of interest-rate increases on hold in April, snapping a record run of 10 consecutive increases.

Filed Under: Top Stories

The Margin: Aerosmith is going on a ‘Peace Out’ farewell tour — but is this really goodbye for good?

May 2, 2023 by MarketWatch.com - Top Stories

Artists often say they’re retiring, but fans and experts suspect the farewell can just be a marketing ploy.

Filed Under: Top Stories

: Hollywood writers go on strike, saying they face ‘existential crisis’

May 2, 2023 by MarketWatch.com - Top Stories

Hollywood writers will strike for the first time in 15 years, halting production of TV shows and movies.

Filed Under: Top Stories

: Morgan Stanley reportedly plans to lay off thousands more

May 2, 2023 by MarketWatch.com - Top Stories

Investment bank Morgan Stanley is preparing for a new round of layoffs, according to a new report.

Filed Under: Top Stories

Earnings Results: Students are turning to ChatGPT for study help, and Chegg stock plummets more than 30%

May 2, 2023 by MarketWatch.com - Top Stories

Chegg Inc. shares headed toward their lowest price since 2017 after the company’s forecast called for a revenue decline as students use ChatGPT.

Filed Under: Top Stories

: IBM expects to pause hiring for thousands of jobs that can be done by AI: report

May 2, 2023 by MarketWatch.com - Top Stories

The CEO of International Business Machines Corp. expects to pause the hiring of thousands of people for positions that could be replaced by artificial intelligence in the coming years, according to a new report.

Filed Under: Top Stories

: Vice preparing to file for bankruptcy: reports

May 2, 2023 by MarketWatch.com - Top Stories

Beleaguered digital-media company Vice Media is preparing to file bankruptcy, the New York Times and Wall Street Journal reported late Monday.

Filed Under: Top Stories

: The number of gig workers murdered on the job hits highest level since 2017, report says

May 2, 2023 by MarketWatch.com - Top Stories

Most of those killed were people of color, workers’ group and nonprofits say.

Filed Under: Top Stories

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