BAT’s US writedown puts tobacco transition in spotlight
(Reuters) – British American Tobacco’s admission that its U.S. cigarette brands will be worthless within decades has ramped up pressure…
Analysts remain cautious on Chewy as shares drop 10% weak guidance
Chewy (NYSE:CHWY) shares fell more than 10% pre-market today after the online pet retailer offered weaker-than-expected guidance. Revenue of $2.74…
US bitcoin ETF issuer talks with SEC have advanced to key details -sources
(Reuters) – Discussions between the U.S. securities regulator and asset managers hoping to list bitcoin exchange-traded funds (ETFs) have advanced…
Marketmind: Plunging yields, oil checked amid BOJ jolt
Plummeting bond yields and oil prices clawed back some of the week’s dramatic falls on Thursday, while a burst of…
Futures listless as traders await payrolls data for policy cues
(Reuters) – Futures tracking the Dow and the S&P 500 indexes were largely flat on Thursday ahead of the monthly…
Oil stages small recovery as weak economic outlook lingers
(Reuters) – Oil prices reclaimed some ground on Thursday after tumbling to a six-month low the previous day but investors…
Chase to launch new hotel booking service for Sapphire Reserve cardholders
JPMorgan Chase & Co. (NYSE:JPM) is set to enhance its travel services for Sapphire Reserve cardholders with the launch of…
AbbVie to buy drug developer Cerevel for $8.7 billion
(Reuters) – AbbVie (NYSE:ABBV) said on Wednesday it would buy Cerevel Therapeutics, a developer of drugs for neurological conditions, for…
Robinhood launches commission-free crypto trading in EU
(Reuters) – Trading app operator Robinhood Markets Inc (NASDAQ:HOOD) said on Thursday it has launched commission-free crypto trading to customers…
EU thrashing out landmark AI rules in marathon overnight talks
(Reuters) – EU lawmakers and governments were still wrangling on Thursday over several key issues on landmark rules governing artificial…