50/FIFTY

Today's stories, rewritten neutrally

FinanceMar 17

Blue Owl Forces UK Mortgage Lender Into Insolvency After Finding Irregularities

Blue Owl Capital triggered the insolvency of a UK mortgage lender after discovering financial irregularities during its oversight.

2 sources
FinanceMar 5

Federal Court Advances Toward Ordering Tariff Refunds

A U.S. court has taken initial steps toward potentially ordering refunds of billions in previously collected tariffs.

2 sources
FinanceMar 11

Former Starbucks CEO Howard Schultz relocating from Seattle to Miami

Howard Schultz announced he is leaving Seattle for Miami after 44 years as Washington state considers a tax on high earners.

2 sources
FinanceMar 5

Indian Rupee Hits Record Low Against Dollar Before Recovering

India's rupee fell to a record low against the US dollar amid oil price concerns before the central bank intervened to support the currency.

3 sources
FinanceMar 5

Santander Executive Comments on MFS Property Lending Empire Collapse

Santander's Ana Botin made remarks about the collapsed MFS property lending business, while auditing practices at the firm face scrutiny.

3 sources
FinanceMar 16

Mandelson Received Over £1.5 Million from Stake in Failed Advisory Firm

Peter Mandelson received more than £1.5 million from his stake in Global Counsel, an advisory firm that has collapsed.

2 sources
FinanceMar 16

Lululemon Faces Leadership Challenge as Founder Wilson Seeks Board Control

Lululemon's interim leadership works to boost sales while founder Chip Wilson launches proxy battle for board seats.

2 sources
FinanceMar 4

FTSE 100 Falls 2.75% as Middle East Conflict Weighs on Markets

The UK's FTSE 100 index dropped 296 points to 10,484.13 amid global market concerns over escalating Middle East tensions.

2 sources
FinanceMar 7

Investment Platform Releases Post-Earnings Quantitative Rankings for Financial, Industrial Stocks

Seeking Alpha published quantitative ratings for small-cap and mid-cap stocks in financial and industrial sectors following recent earnings season.

2 sources
FinanceMar 7

Efforts underway to address Great Salt Lake crisis ahead of 2034 Olympics

Plans to refill Utah's shrinking Great Salt Lake are gaining support from various groups, with the 2034 Olympics providing a target timeline for restoration efforts.

2 sources
FinanceMar 18

U.S. Crude Oil Inventories Increase 6.2 Million Barrels, Exceeding Forecasts

Commercial crude oil stockpiles rose significantly last week, surpassing analyst predictions of a decline.

2 sources
FinanceMar 14

Berkshire Hathaway Resumes Share Buyback Program

Warren Buffett's Berkshire Hathaway has resumed its share repurchase program according to recent regulatory filings.

2 sources
FinanceMar 22

IRS Warns of Approaching Deadline for Unclaimed Tax Refunds as Some Protest Through Resistance

The IRS warns taxpayers have until April to claim $1.2 billion in 2022 refunds while some engage in tax resistance protests with potential penalties.

2 sources
FinanceMar 12

Estée Lauder sues perfumer Jo Malone over contract breach

Cosmetics giant Estée Lauder has filed a lawsuit against perfumer Jo Malone for alleged breach of contract.

3 sources
FinanceMar 5

Asian Markets Rise After Wall Street Rebound as Oil Prices Resume Climb

Asian stock markets gained Thursday following a Wall Street recovery, though oil prices continued rising amid Middle East war concerns.

2 sources

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