By Elizabeth Dilts Marshall, Imani Moise and Anirban Sen NEW YORK (Reuters) – The main things investors wanted to learn from first-quarter results by JPMorgan Chase & Co <JPM.N> and Wells Fargo & Co <WFC.N> on Tuesday was just how bad the coronavirus recession is going to get and how long it will take to […]
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Fallout from the coronavirus outbreak may finally lift the curse of the safe-haven yen for Japan but policymakers fear fiscal laxity could lead to a currency free-fall eventually, undermining efforts to cushion the economy from the pandemic. The yen, which investors typically snap up as a […]
By Paresh Dave (Reuters) – Alphabet’s new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google’s parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate. Drummond, also senior vice president of corporate […]
