Новости за 14.03.2023

Activist investor Carl Icahn had some harsh things to say about America's corporate leadership during an interview on Tuesday.

Bridgewater founder Ray Dalio says the Silicon Valley Bank collapse signals more turbulence ahead for the venture-capital industry and beyond.

Exclusive: The famed composer behind Broadway's longest-running show tells MarketWatch it needs to 'just rest for a little bit.'

Tuesday's top personal finance stories.

These banks have had the best overall returns on assets through thick and thin.

Warner Music Group Corp. WMG said late Tuesday that it is initiating a succession plan for its chief financial officer. The current CFO, Eric Levin, has served as Warner Music’s CFO since 2014. The company said it plans to have someone in place by the end of the year, and Levin will continue as CFO until a successor is in place.

Smartsheet Inc. shares surged in the extended session Tuesday after the cloud-based work-management platform reported surprise net income.

Vacasa Inc. VCSA shares fell as much as 15% in extended trading Tuesday, after rising 5.7% in the regular session to close at $1.31, after a lower-than-expected outlook. The company faces challenges from “hyper-growth” in the past couple of years to a more “dynamic environment” that it has begun to address by cutting 17% of its workforce in January, and expects 2023 to be a “transition year,” it told shareholders. The company, which provides vacation-rental-management inventory to partners such as Airbnb Inc. Читать дальше...

Carl Icahn is worried about the economy in the wake of action taken by the government to mitigate one of the largest bank failures in U.S. history.

IT services provider DXC Technology Co. DXC agreed to pay an $8 million penalty and tighten up its financial reporting protocols after the Securities and Exchange Commission accused the company of making “misleading disclosures” related to its financials from 2018 to 2020, the agency said on Tuesday. The company neither admitted nor denied wrongdoing as part of the agreement. The SEC accused DXC of fattening its non-GAAP net income — or that measured by standards that aren’t generally accepted accounting principles ... Читать дальше...

Shares of Uber Technologies Inc. UBER, Lyft Inc. LYFT and DoorDash Inc. DASH ended higher Tuesday, a day after a California appeals court handed them a partial victory that lets them continue treating their drivers and couriers as independent contractors instead of employees — though an appeal to the California Supreme Court is likely. The three-member appeals court ruled two to one that most of Proposition 22, the law that came out of a 2020 ballot initiative on which the companies spent more than $200 million... Читать дальше...

Dow snaps 5-day losing streak, S&P 500 gains 1.7% as regional banks rally

U.S. stocks finished sharply higher Tuesday, with the Dow Jones Industrial Average snapping a five-day losing streak as regional banking stocks rose and investors weighed a report showing the rate of inflation slowed over the past year. The Dow DJIA closed about 1.1% higher, while the S&P 500 SPX gained 1.7% and the Nasdaq Composite COMP rose 2.1%, according to preliminary data from FactSet. Fresh data from the consumer-price index on Tuesday showed inflation rose in February in line with expectations... Читать дальше...

OpenAI launched a new AI model, GPT-4, Tuesday, adding to the surge in interest for artificial intelligence applications. Among other things, GPT-4 surpasses ChatGPT and places among high percentiles in test takers, the company said. Separately, investment firm Morgan Stanley MS announced it is “currently the only strategic client in wealth management receiving early access to OpenAI’s new products,” and “one of a handful of GPT-4 launch organizations.” Recently, Microsoft Corp. MSFT, a major investor in OpenAI... Читать дальше...

Apple Inc. AAPL reportedly plans to delay some corporate bonuses as it continues its efforts to cut costs, according to Bloomberg News. The Tuesday afternoon report noted that Apple typically handles promotions and bonuses once or twice a year depending on the division. Apple usually doled out promotions and bonuses in April or October for those on the biannual system, but Bloomberg says that Apple plans to delay the April cycle till October and move all teams to an annual cadence. MarketWatch... Читать дальше...

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Shares of 3M Co. MMM, which have now made sharp intraday reversals to trade lower for a fourth-straight session, were headed for the lowest close in 10 years. The consumer, industrial and healthcare products company’s stock was up as much as 1.6% at its intraday high of $105.17, but was shedding 1.8% in afternoon trading. Chief Financial Officer Monish Patolawala is scheduled to speak early Wednesday at the J.P. Morgan 2023 Industrials Conference, and again on March 23 at the Bank of America Global Industrials Conference. Читать дальше...

The U.S. European Command said Tuesday that two Russian fighter jets conducted an “unsafe and unprofessional” intercept of an American drone over the Black Sea, striking the unmanned aircraft’s propeller so U.S. forces had to bring the drone down. White House spokesman John Kirby told reporters that it’s not uncommon for there to be intercepts by Russian aircraft of U.S. aircraft over the Black Sea, but Tuesday’s incident is noteworthy because of how unsafe and unprofessional it was.

Here's a look at how SVB's collapse rippled through global financial and commodity markets.

An Equal Pay Day report also finds that 36% of companies claim increased pay transparency has led more current employees to ask for raises

Older mortgage applicants were more likely to be turned down for a loan than their younger counterparts and they're more likely to pay more for the loan.

First Republic Bank’s FRC A-minus rating was placed on review for a possible downgrade by S&P Global Ratings on Tuesday, with the agency concerned about volatile deposit flows in the wake of the government’s closure of two banks in the last week. “Consequently, we expect the bank to increase wholesale borrowings to shore up its on-balance-sheet liquidity, which would likely weigh on its already modest profitability,” the agency said in a statement. S&P has placed the credit on CreditWatch Negative... Читать дальше...

Contagion fears triggered by the speedy collapse of two regional banks in less than a week is raising the risk of a crisis in confidence in U.S. banks, one in which government bonds would be the “toxic asset” at the center of it all.That’s one of two scenarios being entertained by European global investment manager Eric Sturdza Investments, which managed $1.3 billion across eight funds as of January. Under a best-case scenario, investors’ fears would be calmed as California’s Silicon Valley Bank... Читать дальше...

‘There is a pressure to turn my finances around because I'm in a serious relationship with a guy who makes great money and owns his own home.’

Officials say Russian jets caused the downing of a U.S. drone over the Black Sea