Category Archives:
Bankrupt trucking company Yellow eyes October sale of vehicle fleet
By Dietrich Knauth NEW YORK (Reuters) - Yellow Corp received U.S. bankruptcy court approval on Friday to sell its vehicle fleet by October, while continuing to market its real estate assets, which hav...
Sep 15, 2023
Birkenstock reveals 21% revenue jump in updated financials ahead of IPO
(Reuters) - German premium footwear maker Birkenstock Holding's revenue jumped 21% in the nine months ended June 30, it said in updated paperwork for a U.S. stock market listing on Friday. The company...
Sep 15, 2023
Blockchain analysts suspect N. Korea-linked hackers behind $70m crypto theft
By Elizabeth Howcroft and Raphael Satter LONDON (Reuters) - Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says ...
Sep 15, 2023
GM says Mexico plants will operate normally amid US strike
MEXICO CITY (Reuters) - General Motors' Mexican plants will continue operating as normal despite strike action by U.S. union workers, the company said in a statement on Friday. The United Auto Workers...
Sep 15, 2023
Arm Holdings options to come to market starting Monday
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Options contracts on SoftBank's Arm Holdings, will debut on Nasdaq's exchanges on Monday, offering investors a new way to bet on the fortunes of the year's bi...
Sep 15, 2023
Planet Fitness shares slide after CEO steps down
By Chibuike Oguh NEW YORK (Reuters) - Shares of Planet Fitness Inc fell as much as 16% to a three-year low on Friday after the gym operator announced that Chief Executive Chris Rondeau had stepped dow...
Sep 15, 2023
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
(Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen and Japan's SoftBank, fell in their market debut on Friday, giving the company a market capitalization of $2.51 billion. The Waterto...
Sep 15, 2023
Germany eyes new markets for its exports in Latin America
SANTIAGO DE COMPOSTELA, Spain (Reuters) - As China loses its importance as a destination for German exports, the euro zone's biggest economy is looking for new markets for its products and services in...
Sep 15, 2023
California pensions investment chief steps down less than 2 years into job
By Isla Binnie NEW YORK (Reuters) -The Chief Investment Officer of the largest U.S. state pension manager, the California Public Employees Retirement System (CalPERS), will step down on Sept. 29, CalP...
Sep 15, 2023
US judge will not order DOJ official to exit Google advertising case
By David Shepardson ARLINGTON, Virginia (Reuters) - U.S. District Judge Leonie Brinkema on Friday declined to order a Justice Department official to stay out of the government's advertising antitrust ...
Sep 15, 2023
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