Credit Suisse Group AG dismissed most of its team of Mexico-based bankers as part of its global drive to shrink its investment bank, according to people with knowledge of the matter.
Wall Street shook off most of the losses driven by a dire sales warning from Microsoft Corp., with stock traders shifting their focus to Tesla Inc.’s earnings report after the closing bell.
A new whistleblower has told Congress that Twitter Inc. continued to violate privacy and data security protections into the Elon Musk era, potentially risking legal action including hefty penalties.
Redfin Corp. shares sank Wednesday as the outlook for the housing market weakens.
Oil edged higher in a volatile session as technical market indicators signaled to traders that higher prices may be around the corner.
The top US food safety official said he’ll step down from his position next month, departing after an extended controversy over infant formula led to a massive recall and shortage of the product.
Levi Strauss & Co. reported quarterly revenue that exceeded expectations, suggesting fears of a denim slowdown were overblown amid strong momentum in the direct-to-consumer business and improving trends in Europe.
Bonds from Mexico’s Petroleos Mexicanos are sinking as investors worry that plans to raise more cash will add pressure on the world’s most-indebted oil producer.
President Xi Jinping’s decision to dismantle Covid travel restrictions is accelerating an exodus by wealthy Chinese, who could fuel billions in capital outflows as they plow cash into property and assets abroad.
SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter.
