HOUSTON - NOV Inc. (NYSE: NOV), a pioneer in technology solutions for the global energy industry, announced today the addition of Patricia Martinez to its Board of Directors. The appointment, effective immediately, brings a seasoned expert in energy transition to the company\'s governance as it navigates the evolving energy landscape. Martinez, who has a robust...
By Niket Nishant, Manya Saini and Anirban Sen (Reuters) - New York Community Bancorp (NYSE:NYCB) said on Wednesday it had raised $1 billion from investors including former U.S. Treasury Secretary Steven Mnuchin\'s Liberty Strategic Capital and named a former Comptroller of the Currency its new CEO. Investment firms Hudson (NYSE:HUD) Bay Capital, Reverence Capital Partners,...
(Reuters) - Australia\'s corporate regulator said on Thursday that ASX Ltd has paid a A$1.1-million ($721,930) fine following a compliance investigation, marking the first such infringement notice issued to an exchange operator in the country. The Australian Securities and Investments Commission (ASIC) said it had reasonable grounds to believe ASX breached the rule requiring pre-trade...
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street\'s three major indexes closed higher on Wednesday as economic data and comments from Federal Reserve Chair Jerome Powell reinforced expectations that the U.S. central bank would reduce its benchmark interest rate this year. Powell said on Wednesday he expected the Fed to cut rates and...
-- U.S. stock index futures fell in evening deals on Wednesday, reversing course after a positive session on Wall Street as uncertainty persisted over the scope and scale of the Federal Reserve’s interest rate cuts. While Fed Chair Jerome Powell said that the bank will cut interest rates eventually in 2024, he noted that the...
By Dietrich Knauth NEW YORK (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies\' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, according to court documents filed on Wednesday. The settlement is subject to approval by U.S. Bankruptcy Judge John Dorsey in Wilmington,...
By David Shepardson WASHINGTON (Reuters) -Boeing on Wednesday provided U.S. regulators with the names of employees on its 737 MAX door team after lawmakers and a federal safety official sharply criticized the planemaker\'s failure to do so at a Senate hearing. National Transportation Safety Board Chair Jennifer Homendy had said earlier on Wednesday that Boeing...
By Nate Raymond (Reuters) -A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit by a conservative group opposed to diversity initiatives in medicine that challenged a Pfizer (NYSE:PFE) fellowship program designed to boost the pipeline of Black, Latino and Native American people in leadership positions at the drugmaker. The New York-based 2nd...
-- Japan’s Nikkei 225 index rose to a record high in early trade on Thursday, tracking overnight gains in Wall Street after Federal Reserve Chair Jerome Powell offered the clearest sign yet that interest rates were coming in 2024. Speculation over a potential policy pivot by the Bank of Japan also benefited heavyweight bank stocks,...
By James Pearson and Christopher Bing WASHINGTON (Reuters) -The hackers responsible for the breach at UnitedHealth Group (NYSE:UNH) appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement from law enforcement. The U.S. insurer disclosed on Feb. 21 that Blackcat...