Almost half of Shopify's top execs to depart company: CEO

(Reuters) – Three of e-commerce platform Shopify’s seven top executives will be leaving the company in the coming months, chief executive officer and founder of Canada’s most valuable company Tobi Lutke said in a blog post on Wednesday.FILE PHOTO: An

Wall Street opens flat as big banks kick off earnings season

FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File Photo(Reuters) – U.S. stock indexes opened flat on Wednesday as Goldman Sachs and

JPMorgan profit leaps after reserve release boost

(Reuters) -JPMorgan Chase & Co’s earnings jumped almost 400% in the first quarter, blowing past estimates as the largest U.S. bank released more than $5 billion in reserves it had set aside to cover coronavirus-driven loan defaults.FILE PHOTO: A J.P.

Toshiba CEO resigns, shares surge on bidding war expectations

TOKYO (Reuters) – Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that more suitors were planning offers.FILE PHOTO: Toshiba Corp CEO

Credit Suisse nominates Christian Gellerstad to board of Swiss entity

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) – Credit Suisse Group said it nominated wealth management expert Christian Gellerstad for election to the

S&P 500, Dow climb for third day and close at records

(Reuters) -The S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks, with a late-day rally building gains ahead of quarterly earnings season next

World stocks hit record high, powered by Wall Street

LONDON (Reuters) – Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows.FILE PHOTO: A man walks past a stock