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Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055
Plato Income Maximiser Limited ( ASX:PL8 ) will pay a dividend of A$0.0055 on the 31st of May. This means the annual...
3 min read - Businessetf.com
Investors Appear OK With 'ESG' Label: Morningstar
Retail investors feel less polarized about ESG than those in financial services may believe, research finds.
3 min read - BusinessReuters
Fed says 1,804 banks and other institutions tapped emergency lending facility
About 95% of the borrowers, which included banks, credit unions, savings associations, and branches and agencies of foreign banks, had less than $10 billion in assets, the U.S. central bank said in its semi-annual Financial Stability Report. The Bank Term Funding Program, as it was called, was aimed at addressing a liquidity crunch after a run on deposits led to the failures of SVB and Signature Bank and forced financial authorities to stage a rescue of the sector.
1 min read - WorldReuters
US State Dept 'fully expects' to finalize new AUKUS trade exemptions in next 120 days
The U.S. State Department said on Friday it fully expects to finalize new trade exemptions for the AUKUS defense project with Australia and Britain over the next 120 days. "Exemptions in our export control systems, within a framework of shared standards with Australia and the UK, are key to harnessing and maximizing the innovative power residing in our defense industrial bases," the department said in a statement. "We fully expect to finalize the new trade exemptions – based on stakeholder inp
1 min read - BusinessReuters
Fed report cites inflation, US election as key financial stability risks
Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest survey of U.S. central bank contacts, with geopolitical troubles and the 2024 U.S. presidential election also mentioned as "a potentially significant source of shocks." "Contacts noted several areas of uncertainty including trade policy and other foreign policy issues related to escalating geopolitical tensions," the Fed said on Friday in its semi-annual surve
3 min read - BusinessYahoo Finance
Stock market today: Tech stocks smoked, Nvidia tumbles 10% to cap worst week of the year
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.
2 min read - BusinessReuters
Lululemon to shutter Washington distribution center, lay off 128 employees
The Vancouver-based firm will shutter the Sumner distribution center as part of its business optimization effort and cut 128 jobs beginning June 21, according to a WARN notice filed with the state's Employment Security Department. The move comes at a time when Lululemon is seeing slowing demand for its premium athleisure in North America, where excessive inventory levels at sporting retailers has resulted in lower orders for sportswear and apparel firms. The lease for the company's 150,000-squ
1 min read
