FDIC-run Signature Bridge Bank sells 20% stake in entity holding $9 billion CRE portfolio
(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank (OTC:SBNY), said on Wednesday it…
Factbox-U.S. Red Sea taskforce gets limited backing from some allies
(Reuters) – Several U.S. allies have said they support efforts to protect shipping in the Red Sea after attacks by…
Panasonic says Oklahoma no longer candidate for new battery plant
(Reuters) – Panasonic Energy, a unit of Panasonic (OTC:PCRFY) Holdings, said on Wednesday Oklahoma was no longer a candidate for…
Alibaba commerce chief shifts roles as CEO takes more control of core business
Alibaba (NYSE:BABA) has made changes in its leadership. The company has replaced one of its most experienced executives who was…
Crown Castle gives in to Elliott’s demands with fiber unit review, board changes
(Reuters) – Crown Castle (NYSE:CCI) on Wednesday announced a review of its fiber business and replaced two directors on its…
Paramount Global lifted at Wells Fargo on increased probability of 2024 M&A event
Paramount Global (PARA) was lifted to Equal-Weight from Underweight at Wells Fargo on Wednesday, with analysts raising the stock price…
Exec confirms Tesla Semi fleet has reached 100 units
Tesla (NASDAQ:TSLA) VP of Vehicle Engineering, Lars Moravy was recently featured on an episode of Jay Leno’s Garage, alongside Design…
Microsoft Azure gaining steam but Amazon’s AWS still holds top spot – Jefferies
Microsoft (NASDAQ:MSFT) Azure is gaining steam in the cloud market, according to Jefferies analysts in a note Wednesday. However, Amazon…
Pro Research: Wall Street dives into Uber’s robust growth outlook
Uber Technologies Inc. (NYSE:UBER) has been a consistent topic of interest on Wall Street, with analysts closely monitoring its performance…
General Mills cuts annual sales forecast on slowing demand
(Reuters) – General Mills (NYSE:GIS) cut its annual sales forecast on Wednesday, hurt by slowing demand for its higher-priced breakfast…