50/FIFTY

Today's stories, rewritten neutrally

FinanceJun 6

State Governments Hold Over $100 Billion in Unclaimed Property

State agencies possess billions in forgotten assets while scammers exploit summer vulnerabilities to target retirees.

2 sources
FinanceMay 6

Equinor Reports Strong Earnings as S&P 500, Nasdaq Hit Record Highs

Norwegian energy company Equinor posted strong quarterly results from record production and higher oil prices, while US stock markets reached new highs.

2 sources
FinanceMay 5

Asian Markets Expected to Rise on Optimism; Traders Bet on Fed Rate Changes

Asian stocks anticipated to follow US gains amid positive sentiment, while traders increase bets on potential Federal Reserve rate hikes under new leadership.

2 sources
FinanceJun 6

New CEO Takes Helm of Major US Power Market Amid Grid Reliability Concerns

David Mills, a former Navy helicopter crewman, has been appointed CEO of the nation's largest power market operator.

2 sources
FinanceMay 5

Gap Co-Founder Doris Fisher Dies at Age 94

Doris Fisher, who co-founded the Gap retail chain in 1969 with her husband Don, has died at age 94.

2 sources
FinanceMar 19

Fed Chair Powell Signals Extended Tenure, Markets React to Inflation Outlook

Federal Reserve Chair Jerome Powell indicated he may remain at the central bank beyond his current term, while markets adjust expectations for future rate cuts.

2 sources
FinanceMay 5

Volvo Car Reports 10% Sales Drop Amid China Competition

Volvo Car reported a 10% decline in quarterly sales, citing intensified competition in China and weak U.S. consumer sentiment.

2 sources
FinanceApr 29

Bloom Energy Reports Strong Q1 Profit Growth on Digital Power Demand

Fuel-cell technology provider Bloom Energy posted a first-quarter profit of $70.7 million and raised full-year guidance.

3 sources
FinanceApr 19

Luxury Market Shows Mixed Results Amid Regional Conflicts

Luxury brands face declining sales in Middle East markets due to regional conflicts while some property projects report successful sales.

2 sources
FinanceMay 5

Two Separate Corporate Deals Announced in Energy and Mining Sectors

Geothermal startup Fervo Energy plans IPO worth up to $6.5B while Regis Resources acquires Vault Minerals for $7.67B gold operation.

2 sources
FinanceJun 5

Investment Firm Algebris Shifts Turkey Strategy Amid Rising Credit Concerns

Algebris Capital, previously bullish on Turkey, has moved to credit default swaps as the firm reassesses risk in Turkish markets.

2 sources
FinanceApr 29

Mixed Corporate Earnings Show Varied Performance Across Industries

Mercedes faces profit decline, Humana struggles with Medicare ratings impact, while GSK reports growth in specialty medicines.

3 sources
FinanceApr 29

Investment Firms Adapt Strategies Amid Global Economic Shifts

Multiple investment firms are adjusting their approaches as geopolitical tensions and market conditions reshape the venture capital and private equity landscape.

3 sources
FinanceApr 2

U.S.-China Economic Relations Face Growing Strain Amid Trade Tensions

American companies in China and global economic pressures reflect deepening economic divide between the superpowers.

2 sources
FinanceJun 4

Remy Cointreau Reports Modest Growth While DocuSign Raises Revenue Outlook

French liquor company Remy Cointreau posted slight organic sales growth while DocuSign increased its revenue guidance following strong quarterly results.

2 sources

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