On Thursday, the CEO of Morgan Stanley James Gorman changed the leadership of the bank in an effort to look for his future replacement.
JPMorgan Chase has launched a new healthcare-focused unit for its employees, a couple of months after that bank's similar venture with Berkshire Hathaway and Amazon.com was disbanded.
The US department store operator Kohl's stated on Thursday that the company would raise its 2021 earnings forecast due to an expected shopping boom.
On Thursday, Tencent announced that the company's first quarter profits increased by 65% due to a surge in online gaming revenues.
Data released on Thursday revealed that US weekly jobless claims had continued to decline during the prior week, as less than 500,000 claims were filed.
At the start of Thursday's US trading hours, US stock indices started the day at a higher level than the previous close. The surge was attributed to better than forecast labour data.
Ralph Lauren forecast on Thursday its full-year sales to miss analysts' expectations due to a hit from store shutdowns in Japan and some parts of Europe amid COVID-19 curbs, despite surging demand in the United States and China.
On Thursday, the organisers of Barcelona's Mobile World Congress announced the telecoms industry's largest annual gathering would take place as planned following Spanish authorities' approval of the safety and health plan.
Apple made over $100M in commissions from the Epic Games-developer video game "Fortnite" during the last two years it was available on Apple's App Store.
On Thursday, Tencent Holdings, China's social media and gaming giant, reported its quarterly profit surged as much as 65%, beating the forecasts, boosted by a rise in the number of its video games users globally.
During Thursday's European trading hours, stock indices around the world recovered after the previously suffered losses.
Ford Motor and South Korea's battery manufacturer SK Innovation are planning to announce the US electric vehicle battery joint venture, Reuters reported on Thursday.
The founder of ByteDance, Zhang Yiming, is set to step down from his chief executive role and will be replaced by Liang Rubo, the human resource chief, the company revealed on Thursday.
Cisco Systems is expecting its current-quarter profit to miss forecasts, anticipating the economy reopening will cool the pandemic-driven demand for its teleconferencing and networking tools, sending the firm's shares down 5%.
Target Corp reported its quarterly sales surged around 23% and forecast booming demand through 2021, as consumers return to stores after a year of the pandemic-caused restrictions.
Apple Inc made more than $100M in commission fees from "Fortnite" over the two years the online game was published on the App Store, the company's executive testified.
Squarespace Inc was valued at $6.5B in the company's market debut on Wednesday, as shares opened 4% lower than the reference price.
Deutsche Telekom was in negotiations over a potential deal for SoftBank Group's stake of 8.5% in T-Mobile US, which would provide the German telecom giant more control over the US affiliate.
BlackRock raised its stake in SoftBank Group to 5.2%, a filing revealed on Wednesday, as Japan's rules require stakes exceeding 5% to be disclosed.
The US retailer TJ Maxx revealed on Wednesday that the company had beat its quarterly earnings forecast, as shoppers had returned to stores.
On Wednesday, Wells Fargo announced that it could offer an active cryptocurrency strategy for the bank's wealthier clients.
Airbus announced on Wednesday that the company would close industrial production at its factory in Cadiz, in southern Spain.
By the start of Wednesday's US trading hours, the global cryptocurrency market had erased almost $1 trillion in market capitalization.
On Wednesday, Singapore Airlines announced a record annual loss of $3.2 billion. In addition, the company revealed that it would issue new bonds.