Kohl’s shares plummeted more than 20% in early morning trading Thursday after the company posted weaker-than-expected earnings.
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
Swedish climate fintech Doconomy told CNBC it’s raised $36.9 million in a Series B round co-led by the venture arms of UBS and CommerzBank.
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.
UBS overhauls wealth management leadership in wider board shake-up
The new appointments provide an important signal on the future direction of the bank as it tees up a replacement for outgoing CEO Sergio Ermotti.
Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Abercrombie & Fitch, UnitedHealth, Netflix and more
These are the stocks posting the largest moves in midday trading.
This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says
Retirement planning often focuses on money. But investing in strong social connections is arguably just as important.
Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled air bags
The Japanese carmaker’s “Do Not Drive” alert applies to Sentras (2002-2006), Pathfinders (2002-2004) and Infiniti QX4s (2002-2003) with recalled air bags.
Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’
Jim Chanos is being sued by a former partner accusing him of using his firm as a ‘piggy bank.’
Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.