
US Tax Curbs Share Buyback Activity
Companies that buyback their own shares will have to pay a new tax due to a provision in the Inflation Reduction Act.
Multiple, competing Libor replacements are gaining momentum on both sides of the Atlantic.
Movie-goers have returned after the pandemic but it wasn't enough to save Cineworld from bankruptcy.
Mizuho Americas’ primary businesses are investment and corporate banking, lending, treasury services, and research and capital markets offerings.
Intel will retain majority ownership of new chipmaking factories in Arizona but will split the revenue with Brookfield Asset Management.
With the US Fed on an anti-inflation tear, the recent surge in the world’s foremost currency is leaving few companies unaffected.
Iowa's largest home lender is changing how borrowers are vetted to boost minority home ownership.
Florida governor Ron DeSantis retaliates against one of his state's major employers.
Strategic acquisitions blur the lines between regional and national banks.
Once-temporary measures find longer legs.
AI, big data and cloud computing sharpen forecasting accuracy.
A Goldman Sachs executive takes the reins at Hertz after the company filed for bankruptcy during the 2020 pandemic.
President Joseph Biden, Canadian Prime Minister Justin Trudeau and Mexican President Andres Manuel Lopez Obrador met in person and discussed trade, immigration, climate change and the Covid-19 pandemic.
MUFG is just the latest foreign bank to exit the US retail market in the past year following Leumi and BBVA.
From their home offices, these North American banks adapted and met their clients’ needs.
Not since before the 2008-09 financial crisis have banks’ earnings been so robust.
American corporations have become less shy about taking sides in political controversies.
Shell has elevated two other women to senior trading roles as well.
Tai is regarded as a pragmatist who can’t be easily placed as either a protectionist or a free trader.
Currently, US manufacturers lag the rest of the world on the electric front, but a renewed commitment to solo rules could help them catch up with other global automakers.
Chrystia Freeland adds finance minister to her résumé alongside deputy prime minister and minister of intergovernmental affairs.