By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a report showed on Wednesday. On a worldwide basis, 86% of listed companies either increased dividends or maintained them, according to the quarterly Janus Henderson Global…
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked to the next round of data on inflation and consumer health for clues on the direction of Federal Reserve policy. The S&P 500 fell slightly from its record close, weighed…
(Reuters) – Apparel maker Under Armour said on Wednesday that founder vwill return to the company as CEO, effective April 1. The company’s shares rose 6% to $8.26 after the bell. Plank founded Under Armour in 1996 and served as the company’s top boss till 2019. In January 2020, Plank was appointed as the company’s…
By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to come. In a motion filed late on Tuesday in Washington,…
(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S. company said in a regulatory filing. Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV. Paramount said it…
By Makini Brice WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden rejected a request to testify to an open hearing before a Republican-controlled U.S. House of Representatives committee conducting an impeachment probe of his father, his lawyer said on Wednesday. “Your blatant planned-for-media event is not a proper proceeding but an obvious attempt to…
By Joseph Ax (Reuters) – The city of Berkeley, California, has agreed to hand over to Indigenous peoples a parking lot built atop a sacred tribal ground dating back more than five millennia. The 2.2-acre site is part of the first human settlement on the San Francisco Bay, according to representatives of the Ohlone people,…
By Sriparna Roy and Patrick Wingrove (Reuters) -The U.S. government on Wednesday said it has opened an investigation into the cyberattack at UnitedHealth Group’s Change Healthcare to find out whether there was a breach of protected health data and if the company followed U.S. health privacy law. It is the first announcement of a probe…
