 | | | | U.S. Treasury Secretary Janet Yellen said on Thursday she was confident the Federal Reserve and the Biden administration would take steps needed to bring down inflation over the course of 2022, provided the COVID-19 pandemic is brought under control. | | | | | | The New York Federal Reserve said on Thursday it is tapping Michelle Neal to head its markets group, filling a key leadership role as the central bank prepares to reduce its balance sheet -- a task that would be executed by the regional arm of the Fed. | | | | | | Siemens Energy on Thursday cut its outlook after wind division Siemens Gamesa warned of prolonged supply chain issues, renewing pressure on the German firm to fully take over the unit in order to get a better handle on its problems. | | | | | | Netflix Inc fell short of Wall Street forecasts for new subscribers at the end of last year and offered a weaker-than-expected forecast for early 2022 as rivals amped up the competition in the battle for streaming television viewers. | | | | | | The market for existing U.S. homes softened unexpectedly in December, but 2021 still wrapped up with the strongest annual sales in 15 years, data from the National Association of Realtors out Thursday showed. | | | | | | Goldman Sachs and JPMorgan Chase , Wall Street's premier investment banks, this week informed staff of bumper bonuses for 2021, following a record-breaking year for Wall Street dealmaking. | | | | | | The success of Microsoft's biggest deal ever rides on rehabilitating Activision Blizzard's culture, Microsoft CEO Satya Nadella declared after announcing the $69 billion transaction. | | | | | | A bipartisan group of more than 140 U.S. lawmakers called on U.S. Trade Representative Katherine Tai to immediately revive and expand a tariff exclusion process on Chinese goods to help U.S. manufacturers. | | | | | | Peloton Interactive Inc is temporarily halting production of its connected fitness bikes and treadmills after a significant drop in demand, CNBC reported on Thursday, citing internal documents from the company. | | | | | | Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar's founder said. | | | | | |
