Wall Street ends mixed; Salesforce pressures the Dow

Wall Street ends mixed;  Salesforce pressures the Dow

Salesforce declines as co-CEO exits plan Dollar General falls on annual profit cut U.S. manufacturing contracted in November for the first time in 2-1/2 years End of indices: S&P 500 -0.08%, Nasdaq +0.13%, Dow -0.56% Dec 1 (Reuters) – Wall Street ended mixed on Thursday as a selloff in Salesforce hit the Dow as traders … Read more

Ukraine claims that Russia is withdrawing forces from the river towns opposite Kherson

Ukraine claims that Russia is withdrawing forces from the river towns opposite Kherson

Kyiv: Russia withdraws some troops from Oleshka, nearby towns Heavy trench warfare in the east with the onset of winter The mayor of Kyiv says to stock up on food and warm clothes The EU has tentatively agreed on a price ceiling for oil Kherson, Ukraine, Dec 1 (Reuters) – Ukraine’s military said on Thursday … Read more

Florida pulls $2 billion from BlackRock in biggest anti-ESG sale

Florida pulls  billion from BlackRock in biggest anti-ESG sale

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would divest $2 billion of its assets managed by BlackRock Inc ( BLK.N ), in the largest such sale by an environmentally opposed state, social and corporate asset management. governance (ESG) policies. The move will hardly dent BlackRock’s $8 trillion in assets … Read more

China mourns former leader Jiang Zemin with flowers, black front pages

China mourns former leader Jiang Zemin with flowers, black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers turned their front pages black on Thursday and flags were flown at half-mast to mourn the death of former President Jiang Zemin, as supporters laid piles of flowers outside his childhood home. Jiang died in his home city of Shanghai shortly after noon on Wednesday of leukemia and … Read more

Sam Bankman-Fried Says He ‘Never Attempted Fraud’

Sam Bankman-Fried Says He ‘Never Attempted Fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former chief executive of now-bankrupt crypto exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since his company’s collapse, which stunned investors and left creditors scrambling. losses totaling billions of dollars. Bankman-Fried said Wednesday via video link at … Read more

DoorDash to cut 1,250 jobs to control ballooning costs

DoorDash to cut 1,250 jobs to control ballooning costs

Nov 30 (Reuters) – DoorDash Inc ( DASH.N ) said on Wednesday it was cutting about 1,250 jobs, or 6% of its total workforce, as the grocery delivery company struggles to rein in costs to break even with deceleration. inquiry. DoorDash began hiring to meet a flood of orders from people stuck at home during … Read more

Dow Falls Ahead of Powell’s Speech; Nasdaq kept growth stocks afloat

Dow Falls Ahead of Powell’s Speech;  Nasdaq kept growth stocks afloat

Tesla nearly doubles in China in November – data Fed Chairman Powell’s speech at 1330 ET (1830 GMT) Private wage growth in the US slows in November – ADP Dow down 0.47%, S&P down 0.13%, Nasdaq up 0.26% Nov 30 (Reuters) – Wall Street was mixed on Wednesday, with the Dow and S&P 500 falling … Read more

South Korea cancels jets as Chinese and Russian warplanes enter air defense zone

South Korea cancels jets as Chinese and Russian warplanes enter air defense zone

SEOUL, Nov 30 (Reuters) – South Korea’s military said two Chinese and six Russian fighter jets entered the air defense zone on Wednesday, neutralizing the fighter jets. Two Chinese H-6 bombers repeatedly entered and exited the Korean Air Defense Identification Zone (KADIZ) off South Korea’s southern and northeastern coasts starting around 5:50 a.m. (2050 GMT … Read more

S&P 500 ends lower as Apple falls and traders watch Powell’s speech

S&P 500 ends lower as Apple falls and traders watch Powell’s speech

Investors look to Powell’s speech for clues on interest rates US consumer confidence fell in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended with losses in Apple and Amazon on Tuesday ahead of an upcoming speech by U.S. Federal Reserve Chairman Jerome Powell that could signal the … Read more

HSBC’s $10 billion dividend from the sale of RBC’s Canadian unit

HSBC’s  billion dividend from the sale of RBC’s Canadian unit

The deal comes under pressure from a Chinese shareholder Analysts hail a “sensible” transaction The bank could return the proceeds from the deal to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC ( HSBA.L ) agreed to sell its Canadian business to Royal Bank of Canada ( RY.TO ) for C$13.5 billion ($10 billion) in … Read more