Posted inCompany Reports Consumer Behavior Shopping and Retail Stocks and Bonds Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report Analysts see much bigger challenges for the retailer than lax accounting. Posted by By Jordyn Holman
Posted inAppointments and Executive Changes Atkins, Paul S Banking and Financial Institutions Bessent, Scott Dimon, James Interest Rates JPMorgan Chase & Company Lutnick, Howard W Presidential Election of 2024 Presidential Transition (US) Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States Economy Wall Street’s Titans Can’t Wait for Trump 2.0 The financial world sees plenty of opportunity in the return of President-elect Donald J. Trump. For now, Wall Streeters are looking past the risks. Posted by By Rob Copeland
Posted inBlackRock Inc Credit and Debt Fink, Laurence D HPS Investment Partners Mergers, Acquisitions and Divestitures Stocks and Bonds BlackRock Acquires HPS, a Major Lender of Private Credit The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion. Posted by By Maureen Farrell
Posted inCompensation for Damages (Law) Decisions and Verdicts Delaware Electric and Hybrid Vehicles McCormick, Kathaleen St J Musk, Elon Stocks and Bonds Tesla Motors Inc Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules The judge said she would not reverse her decision to strike down the compensation package after Tesla shareholders approved Mr. Musk’s pay a second time. Posted by By Peter Eavis and Jack Ewing