Business news on this day newspaper
Here are some business news headlines from various newspapers on this day:
The New York Times (March 10, 2023)
- "Stocks Fall as Inflation Concerns Mount: The S&P 500 index dropped 1.4% as investors grew increasingly worried about the impact of rising prices on the economy."
- "Amazon to Acquire MGM Studios for $8.45 Billion: The deal would give Amazon control of a vast library of films and TV shows, including the James Bond franchise and 'The Handmaid's Tale'."
- "Tesla's Elon Musk Loses $15 Billion in a Day: The billionaire's net worth plummeted as investors sold off shares of the electric car maker amid concerns about the company's financial health."
The Wall Street Journal (March 10, 2023)
- "Fed Officials Signal Rate Hike in March: Federal Reserve officials indicated that they are likely to raise interest rates at their next meeting to combat inflation, despite concerns about the impact on the economy."
- "Walmart to Acquire Cornershop for $225 Million: The deal would give Walmart a foothold in the Latin American e-commerce market and expand its online grocery delivery services."
- "Goldman Sachs to Pay $3.2 Billion to Settle 1MDB Scandal: The investment bank agreed to pay the fine to settle allegations that it helped facilitate the theft of billions of dollars from the Malaysian state investment fund."
The Financial Times (March 10, 2023)
- "EU and UK Reach Brexit Trade Deal: The two sides agreed on a trade deal that would allow for tariff-free trade and avoid a hard border in Northern Ireland."
- "China's Economy Grows at Slowest Pace in 29 Years: The country's GDP growth slowed to 4.9% in the first quarter, amid concerns about the impact of the US-China trade war and slowing global demand."
- "Volkswagen to Invest $50 Billion in Electric Vehicles: The German automaker announced plans to invest heavily in electric vehicle production and technology, as it seeks to catch up with rivals like Tesla."
The Washington Post (March 10, 2023)
- "Amazon's Antitrust Probe Expands to Include More Products: The Federal Trade Commission is investigating Amazon's business practices, including its treatment of third-party sellers and its use of data to compete with them."
- "Walmart to Raise Minimum Wage to $15 an Hour: The retail giant announced plans to raise its minimum wage to $15 an hour, amid growing pressure from workers and activists to improve wages and working conditions."
- "US-China Trade Talks Resume Amid High Stakes: The two sides are negotiating a trade deal that would address issues like intellectual property theft and forced technology transfer, but the talks are expected to be tough and contentious."
These are just a few examples of business news headlines from various newspapers on this day.