Articles

Japan’s inflation marks two years above BOJ’s target as meeting looms

Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.

Paramount shares rise after Sony, Apollo reportedly seek to join deal talks

Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.

Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business

Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot company several years ago.

Jabil’s stock declines as CEO Kenny Wilson goes on paid leave pending an investigation

The company says the investigation is related to company policies but not financial statements or reporting.

This trader’s ‘core’ bullish position washes out as major S&P 500 supports break down

McMillan: Investment picture has changed and investors need to adjust their view now.

Here’s how much Netflix’s co-CEOs and other executives made last year

Greg Peters got a nearly 43% pay bump in 2023 after he was elevated to co-chief executive for nearly all of the year, Netflix Inc.’s latest proxy filing showed.

Why Netflix’s big planned change to its earnings reports is a bad sign

On Wall Street, less disclosure is never a good thing, and Netflix investors should be displeased by a planned reporting change.

Nordstrom confirms it’s looking to go private as clothing retailers hit by weak demand

Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits.

Frontier Communications is latest company hit by cyberattack

Frontier’s stock was falling after the disclosure, though the company says the cyber incident is not expected to ‘materially impact’ financials.

KB Home board authorizes $1 billion stock buyback, raises dividend by 25%

KB Home’s board has authorized the repurchase of up to $1 billion in shares and raised the company’s quarterly dividend to 25 cents a share from 20 cents.

This major bond ETF is getting ‘hammered’ as investors brace for rate-cut delays

In the bruised bond market, some investors may be tempted by higher yields as questions swirl around when — and whether — the Federal Reserve may start cutting interest rates this year.

IRA beneficiaries don’t have to take an RMD this year. But here’s why maybe they should. 

Beneficiaries of individual retirement accounts don’t have to take required minimum distributions this year — a responsibility that can normally result in owing more in taxes.
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