 | | | | Francois Pinault, the French billionaire who founded Kering, the group behind Gucci, has invested in a special purpose acquisition vehicle (SPAC) set up by former Credit Suisse boss Tidjane Thiam, a spokeswoman said on Wednesday. | | | | | | Boeing Co is close to a deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, people familiar with the matter said on Wednesday. | | | | | | The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data for February calmed inflation worries and Congress gave final approval to one of the largest economic stimulus measures in U.S. history. | | | | | | Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. | | | | | | Business software maker Oracle Corp reported a quarterly revenue on Wednesday that edged past analysts' estimates, helped by strong demand for its cloud computing and licensing services due to remote working. | | | | | | AMC Entertainment Holdings Inc posted a smaller-than-expected fall in fourth-quarter revenue on Wednesday, as more people visited its movie theaters following the easing of coronavirus restrictions in the United States. | | | | | | Bumble Inc reported a 31.1% rise in fourth-quarter revenue on Wednesday, as people bored at home turned to online dating during the pandemic. | | | | | | By Brenna Hughes Neghaiwi, Makiko Yamazaki and Pamela Barbaglia | | | | | | A gauge of global stock markets climbed for a second day on Wednesday to its highest level in a week and the Dow Jones Industrial Average hit a record high after a report on U.S. consumer prices calmed concerns about inflation. | | | | | | The National Hockey League and Walt Disney Co have agreed to a seven-year TV, streaming and media rights deal that will bring games to ABC, ESPN and streaming platforms, the two organizations said on Wednesday. | | | | | |
