Victoria’s Secret taps retail veteran as new CFO, but stock sells off
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Tech Stock Sell-Off Eases After DeepSeek Scare
Investors around the world are reassessing the prospects for technology companies after a Chinese artificial intelligence start-up rocked markets in the United States on Monday.The New York Times - 1d -
DeepSeek sell-off shows the risks of a concentrated US stock market
Should investors turn to equally weighted index products?Financial Times - 3d -
FirstFT: Success of Chinese rival to ChatGPT triggers global stock market sell-off
Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakesFinancial Times - 3d -
UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
Noel was the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. and the insurance arm of UnitedHealth Group.CNBC - 6d -
UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing
UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in Manhattan in December.NBC News - 6d -
A stock market sell signal’s been turned off. The market’s more sober.
Fund-manager cash levels are rising, one of a number of indicators showing that last year’s frothy market conditions have subsided and that sentiment has become more sober, Bank of America ...MarketWatch - Jan. 17 -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - Jan. 15 -
Footloose CFOs need not scare off investors
A clutch of finance chiefs are heading out the door, but this is all part of the rough and tumble of corporate lifeFinancial Times - Jan. 13 -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - Jan. 10
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More in Business
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Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.CNBC - 8m -
Is Trump’s ‘buyout offer’ a good deal for federal workers? Is it even legal?
There are some key questions employees should ask about the Trump administration’s deferred resignation offer. ‘Overall and generally speaking, no, I don’t see this a good deal,’ an attorney said.MarketWatch - 14m -
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IBM rallies nearly 13%, heads for best day since 2000 on strong earnings
CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.CNBC - 15m -
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.CNBC - 19m