Uncertain 2024 makes US companies refinance debt sooner, not later
By Matt Tracy Tight credit spreads and strong investor demand for highly-rated bonds has prompted some U.S. companies
2023-12-01 03:48
US companies' debt cushion smallest since Q1 2021 :BofA
By Matt Tracy Rising borrowing costs made a slight dent in U.S. companies' ability to make interest payments
2023-11-09 02:27
Criminals and sanctions-busters exploiting UK secrecy loophole
Seychelles company linked to Putin’s inner circle exploited UK loophole for hundreds of firms, BBC finds.
2023-11-02 13:20
Israel's war with Hamas comes to corporate America
From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. Sometimes, as with Nike and Colin Kaepernick, it helps their bottom line. Sometimes, it does the opposite — think Bud Light's support of transgender rights.
2023-10-20 22:55
Fact check: Biden makes false claims about the debt and deficit in jobs speech
During a Friday speech about the September jobs report, President Joe Biden delivered a rapid-fire series of three false or misleading claims -- falsely saying that he has cut the debt, falsely crediting a tax policy that didn't take effect until 2023 for improving the budget situation in 2021 and 2022, and misleadingly saying that he has presided over an "actual surplus."
2023-10-07 08:18
US to give credit to firms that disclose misconduct of companies they buy
By Chris Prentice and Andrew Goudsward (Reuters) -The U.S. Justice Department will not target companies that disclose wrongdoing they find
2023-10-06 01:51
US corporate bond spreads widen as hopes dim for soft landing
By Matt Tracy U.S. corporate bond spreads widened on Tuesday and are expected to widen further after the
2023-10-05 00:58
How companies are embracing generative AI for employees...or not
Companies are struggling to deal with the rapid rise of generative AI, with some rushing to embrace the technology while others shun it -- at least for now.
2023-09-23 04:57
Big companies toughen banking partner screening after crisis - survey
By Laura Matthews NEW YORK Large companies are spreading out their counterparty risk and increasing screening of their
2023-07-13 12:25
PGA Tour board member quits over 'serious concerns' with Saudi deal
Former AT&T CEO Randall Stephenson has resigned from his post on the influential policy board of the PGA Tour in protest to the proposed merger with Saudi-backed LIV Golf.
2023-07-10 20:19
Amazon corporate workers plan to stage walkout, citing 'lack of trust' in leadership
Nearly 2,000 corporate workers at Amazon have pledged to walk off the job on Wednesday to signal a "lack of trust" in the company's leadership, in what could be the most visible sign of dissent among the e-commerce giant's office workers in recent memory.
2023-05-31 23:15