Finance

Markets, economy, and industry.

  1. Industry

    Vanguard to Pay $29.5 Million, Limit Proxy Power in Texas-Led ESG Antitrust Settlement

    Vanguard will pay $29.5 million and accept strict limits on proxy voting and ESG engagement to exit a Texas-led antitrust suit over coal.

    · #vanguard #esg #antitrust #proxyvoting #coal

  2. Economy

    ECB Warns Iran Conflict Could Rekindle Inflation If Hormuz Energy Flows Are Hit

    ECB chief economist Philip Lane warns a prolonged Iran war and Hormuz disruptions could spike oil and gas prices, reviving inflation and stalling euro-zone growth.

    · #ecb #inflation #oil #hormuz #eurozone

  3. Industry

    Walmart to Pay $100 Million, Overhaul Spark Driver Pay After Regulators Allege Tip and Earnings Deception

    FTC and 11 states say Walmart misled Spark drivers and shoppers on tips and pay. A $100M deal funds refunds and mandates 10 years of oversight.

    · #walmart #gigwork #tips #ftc #delivery

  4. Economy

    IMF Hails U.S. Growth but Warns Deficits Put Debt on ‘Stability Risk’ Path

    IMF says U.S. growth is strong and inflation easing, but warns deficits of 7%–8% of GDP could push debt to 140% by 2031.

    · #imf #usdebt #deficit #inflation #tariffs

  5. Industry

    Verint Names Ex-Calabrio Chief Dave Rhodes CEO After $2 Billion Take-Private Deal

    Verint appoints former Calabrio CEO Dave Rhodes to lead the newly combined, Thoma Bravo-backed customer experience AI platform.

    · #verint #calabrio #thomabravo #ai #customerservice

  6. Financial Markets

    Nvidia Posts Record $120 Billion Profit, but Stock Selloff Shaves $259 Billion Off Market Value

    Nvidia capped a historic year on AI chip demand, then saw shares slide as investors weighed how long the spending boom can last.

    · #nvidia #ai #semiconductors #stockmarket #earnings

  7. Economy

    Euro-Area Inflation Falls Below ECB Target, but Rate Cuts Remain on Hold

    Euro-area inflation dipped to 1.7% in January, below the ECB’s 2% target. Officials held rates at 2% as energy prices fell and gaps widened.

    · #eurozone #inflation #ecb #interestrates #eurostat

  8. Industry

    NatWest to Buy Evelyn Partners for £2.7 Billion in Post-Privatization Wealth Push

    NatWest agrees to buy wealth manager Evelyn Partners for £2.7bn cash, betting on fee income growth as investors fret over capital hit and price.

    · #natwest #evelynpartners #wealthmanagement #ukbanking #mergers

  9. Economy

    U.S. Firms Announce 108,000 January Job Cuts as Hiring Plans Hit Record Low

    Planned layoffs jumped to 108,435 in January, led by transportation, tech and health care, while intended hires fell to a record low, Challenger reports.

    · #layoffs #jobs #ups #amazon #interestrates

  10. Industry

    Refinery workers avert strike with four-year deal that adds first AI guardrails

    United Steelworkers and Marathon Petroleum reach a four-year pattern deal with 15% raises and AI rules, averting a strike; BP Whiting talks loom.

    · #refineries #labor #unitedsteelworkers #marathonpetroleum #artificialintelligence

  11. Financial Markets

    India’s NSE Takes Key Step Toward Long-Awaited IPO After Regulator Clears Path

    NSE’s board approved a long-delayed IPO via offer for sale and reconstituted its listing committee after SEBI’s no-objection, targeting a 2025 debut.

    · #india #nse #ipo #sebi #stockmarket

  12. Industry

    Netflix’s $82.7 Billion Bid for Warner Bros. and HBO Draws DOJ Second Request and Senate Scrutiny

    Netflix’s planned purchase of Warner Bros. studios and HBO faces a deep DOJ antitrust probe, Senate grilling and a hostile rival bid from Paramount Skydance.

    · #streaming #antitrust #netflix #warnerbros #mergers

  13. Economy

    Banxico Pauses Rate Cuts at 7%, Citing New Taxes and Tariffs That Could Delay Inflation Target to 2027

    Mexico’s central bank held its benchmark rate at 7%, ending 12 cuts, and warned new excise taxes and import tariffs may push inflation back to target by 2027.

    · #mexico #banxico #interestrates #inflation #tariffs

  14. Economy

    Bank of England holds rates at 3.75% in knife-edge vote, signals cuts likely ahead

    BoE keeps Bank Rate at 3.75% on a 5-4 vote, but shifts dovish as inflation cools and growth slows, lifting bets on spring rate cuts.

    · #bankofengland #interestrates #inflation #ukeconomy #gilts

  15. Industry

    Disney Board Names Josh D’Amaro as Next CEO, Elevates Dana Walden to New Chief Creative Role

    Disney taps parks chief Josh D’Amaro as CEO effective March 18, with Bob Iger shifting to senior advisor and Dana Walden named president and chief creative officer.

    · #disney #ceo #themeparks #streaming #hollywood

  16. Economy

    China’s clean-energy boom carried 2025 growth as property slump deepened, analysis finds

    New research estimates clean energy made up 11.4% of China’s GDP in 2025 and drove 37% of growth, offsetting a sharp real-estate downturn.

    · #china #cleanenergy #electricvehicles #solarpower #tradewar

  17. Industry

    Fifth Third Completes $10.9 Billion Comerica Deal, Creating $294 Billion ‘Super-Regional’ Bank

    Fifth Third closes its all-stock purchase of Comerica, expanding into Texas and the Sun Belt as branch closures and job cuts draw scrutiny.

    · #banking #mergers #fifththird #comerica #regulation

  18. Industry

    KKR-Singtel consortium to take full control of STT GDC in S$13.8 billion data center deal

    KKR and Singtel agreed to buy full ownership of STT GDC, valuing the data center giant at S$13.8B, amid surging AI-driven power demand.

    · #datacenters #kkr #singtel #ai #singapore

  19. Economy

    Euro Area Inflation Gauge Gets a Makeover as ECB Watches the Numbers

    Eurostat rolls out a new rulebook for the HICP inflation index, adding gambling and updating spending categories—while keeping headline rates largely unchanged.

    · #eurozone #inflation #ecb #eurostat #hicp