By Nupur Anand NEW YORK (Reuters) – Well Fargo has hired former BNY executive Bridget Engle as its new head of technology, according to a release seen by Reuters. Engle who will also be part of the bank’s operating committee, reporting to CEO Charlie Scharf, is tasked with looking at technology across the firm. Scharf […]
Stellantis offering new round of voluntary buyouts to US salaried workers
DETROIT (Reuters) – Jeep-maker Stellantis said on Tuesday it is offering a new round of voluntary buyouts to its U.S. salaried workers, the latest in a series of cost-cutting measures CEO Carlos Tavares is placing on its American operations. The Netherlands-based automaker laid off 400 U.S. salaried workers in March and last year twice offered […]
World stocks mixed amid investor jitters, commodities tumble
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – World stocks were mixed in choppy trading on Monday as investors were jittery ahead of major corporate earnings reports and central bank moves, and concern over the global economic outlook dented commodities and oil prices touched early June lows. Global crude benchmark futures fell 1.4% as […]
Kamala Harris launches $50 million ad blitz in US presidential race
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris launched a $50 million advertising blitz on Tuesday, capitalizing on the momentum of a fledgling campaign against Republican rival Donald Trump with a one-minute spot titled “Fearless.” It was Harris’ first big ad buy since consolidating support for the Democratic nomination after President Joe Biden dropped out […]