Colgate-Palmolive's stock rose 2.8% after Morgan Stanley upgraded it from "equal weight" to "overweight" and named it the top pick in the household and personal care industry.

Memory chip prices have been falling steeply over the past year, and they are expected to continue falling in the first half of 2023.

This week, Federal Reserve officials will debate how much further to raise interest rates, based on their expectations for how much the economy will slow down this year.

Valerio Battista has been credited with transforming Prysmian SpA from a unit of tire maker Pirelli into a global leader in cables.

Citigroup Inc. has announced that it has hired Cyril Besseddik from JPMorgan Chase & Co. to lead coverage of health-care companies in Europe, the Middle East and Africa for its investment bank.