Category Archives:
Fed’s Brainard confirmation set to move step closer, others wait in wings
(Reuters) - One of President Joe Biden's key nominees to the Federal Reserve, Lael Brainard, is set to move a step closer to confirmation on Monday, with the possibility she and three other Fed nomine...
Apr 25, 2022
Facebook-owner Meta to open first physical store in metaverse bet
(Reuters) - Meta Platforms Inc is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company plots a course to take its highly to...
Apr 25, 2022
New York judge hears arguments on whether to hold Trump in contempt
By Luc Cohen and Karen Freifeld (Reuters) - A New York state judge heard arguments on Monday on whether former President Donald Trump should be held in contempt of court for not producing documents su...
Apr 25, 2022
U.S. homebuilders to feel pricing pinch from rising mortgage rates, inflation
By Kannaki Deka and Abhijith Ganapavaram (Reuters) - U.S. homebuilders will likely find it harder to raise home prices in the coming months as rising mortgage rates and inflation cut into demand, indu...
Apr 25, 2022
Musk’s plans for Twitter as billionaire launches takeover offer
(Reuters) - Twitter Inc is set to agree to Elon Musk's $43 billion takeover bid, his "best and final" offer for the social media company, people familiar with the matter said. Earlier in April, the so...
Apr 25, 2022
ISS backs call for emissions reductions targets at Occidental Petroleum
(Reuters) - Top proxy adviser Institutional Shareholder Services recommended Occidental Petroleum Corp investors vote in favor of a shareholder proposal calling for the energy company to set and publi...
Apr 25, 2022
GM to launch electrified version of Corvette sports car by next year
(Reuters) - General Motors Co President Mark Reuss said on Monday the automaker would launch an electrified version of its two-door Corvette sports car as soon as next year. The company will launch an...
Apr 25, 2022
UnitedHealth to sell Change Healthcare’s claims business for $2.2 billion
(Reuters) -UnitedHealth Group has entered an agreement to sell Change Healthcare's claims editing business to private equity firm TPG Capital for $2.2 billion after the healthcare company completes it...
Apr 25, 2022
Sodexo in talks with CVC on restaurant check business
PARIS (Reuters) - Sodexo has entered exclusive talks with buyout firm CVC on a deal about its restaurant check unit, French business daily Les Echos reported on Monday, citing sources close to the tal...
Apr 25, 2022
Column-Funds shun sterling as UK data dam bursts: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Evidence is rapidly mounting that Britain's cost of living crisis is starting to bite, and hedge funds are in prime position to cash in on sterling's equall...
Apr 25, 2022
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