Corporate/Industrial News
- Economy
Commercial real estate at risk of ‘broader correction’ as debt costs rise and lenders retreat, warns IMF
Commercial real estate that appears “significantly overvalued” could tumble in price, as debt costs rise and lenders come under pressure,…
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Weight Watchers parent’s stock soars after deal to buy weight-loss drug prescriber Sequence closes
Shares of WW International Inc. WW, +48.42%, the parent of Weight Watchers, soared on heavy volume Tuesday after the weight-management…
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U.S. bankruptcies climbed in March, with SVB Financial Group leading the pack
Propelled by the bankruptcy of Silicon Valley Bank’s parent SVB Financial Group and other chapter 11 filings, U.S. corporate bankruptcies…
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Loan growth, lower margins cloud the skies over big banks: analyst
While bank stocks may recover slightly after lagging the broad market in 2023, first-quarter earnings updates from big banks may…
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Bed Bath & Beyond says shareholders are asking about naked short selling
Bed Bath & Beyond Inc. said Monday it had received several inquires from shareholders related to naked short selling but that…
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Eliminating policies that reduce Social Security benefits for some state and local workers is not the way to help retirees
A new report from the Congressional Research Service appears to have rekindled the controversy surrounding the Windfall Elimination Provision (WEP). …
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Meet Tongyi Qianwen, Alibaba’s chatbot rival to ChatGPT
Chinese tech giant Alibaba is set to roll out its own ChatGPT-like model of artificial intelligence named Tongyi Qianwen across…
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What are tax brackets for 2022 — and why do they increase over time?
April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to…
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My single, 80-year-old mother is thinking of selling her Berkeley house to get some cash. How can she avoid capital gains tax?
My mother is 80, unmarried, and owns two homes on one lot in Berkeley, Calif. The property consists of one…
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Amid big drop in sales, PC makers may soon be paying more in Chromebook licensing fees
While the big drop in Apple Inc.’s Mac sales got most of the attention Monday amid the news that PC…
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