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Super Retail Group has fired CEO Anthony Heraghty. This is because he did not fully reveal details about a workplace relationship. The company's shares fell sharply after the announcement. David Burns is now the interim CEO. The board is reviewing the situation. Legal proceedings are underway. The company will defend its position. Investors are watching closely.
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News and Media
JPMorgan Chase plans to reduce the influence of major bond issuers in its emerging-market index. This shift will re-route investment from countries like China and India. Smaller nations are set to gain from this adjustment. The change involves lowering the issuer cap to 9% by 2026. This move aims to balance regional exposure and boost index yield.
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News and Media
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trumps efforts to remove her just ahead of a key vote on interest rates.
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News and Media
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