Posted inStock
Ulta Beauty says CEO Dave Kimbell to retire
(Reuters) -Ulta Beauty said on Monday Dave Kimbell will retire as CEO and will be succeeded by President and Chief Operating Officer Kecia Steelman. Kimbell is stepping down after 11…
Posted inStock
Meta Appoints UFC’s Dana White, Other to its Board
MENLO PARK – Meta Platforms Inc (NASDAQ:META). announced the appointment of three new members to its board of directors, expanding its leadership team with notable figures from the sports, investment,…
Posted inStock
US regulator sues Berkshire-owned lender for making risky home loans, missing red flags
By Jonathan Stempel (Reuters) – The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) on Monday, accusing it of pushing borrowers into unaffordable…
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US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a seasonal fund-raising spree over the first few days of a…
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Judge finds Giuliani in civil contempt in 2020 election workers’ case
By Luc Cohen NEW YORK (Reuters) -A judge on Monday found Rudy Giuliani to be in civil contempt of court in a case brought by two Georgia election workers that…
Posted inEconomy
BofA sees limited inflation risk in Turkiye, expects CBRT rate cuts
Turkiye’s inflation for December came in at 1.03%, which was lower than the consensus estimate of 1.6% and BofA’s own forecast of 1.5%. The moderation in inflation was attributed to…
Posted inEconomy
With Barr’s exit from regulatory role, Trump gets early chance to reshape Fed
By Ann Saphir and Michael S. Derby (Reuters) – Federal Reserve Vice Chair of Supervision Michael Barr’s decision on Monday to resign early from his regulatory oversight role sets up…
Posted inEconomy
Fed’s Barr to resign early from regulatory job to avoid ‘dispute’ over role
By Pete Schroeder WASHINGTON (Reuters) -Michael Barr, the Federal Reserve’s top regulatory cop, said on Monday he will leave that post on Feb. 28, avoiding a potentially messy legal fight…
Posted inEconomy
Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows
NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures Trading Commission charges in connection with statements it made in…
Posted inEconomy
Smithfield Foods first to publicly file in 2025 for big US IPO
(Reuters) -Smithfield Foods on Monday made public its paperwork for its New York initial public offering as the maker of Farmland (NYSE:FPI) bacon and Farmer John sausages prepares for its…