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L Catterton considering IPO for Birkenstock at $6 billion- Bloomberg News
(Reuters) - L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock including an initial public offering which could value the German sandal maker at $6 bil...
Syndicated Content Jul 06, 2023

UPDATE: Man found not guilty by reason of insanity for West Peoria murder
UPDATED 5:45 P.M. PEORIA, Ill. – A Peoria man accused of beating his grandmother to death last year in her West Peoria home has been found not guilty by reason of insanity of First-Degree Murder...
Will Stevenson Jul 06, 2023
Suncor says unauthorized party obtained Petro-Points members’ basic contact data
(Reuters) - Canadian energy firm Suncor Energy on Thursday said that due to a cyber security incident on June 21, unauthorized party obtained Petro-Points members' basic contact information. "Based on...
Syndicated Content Jul 06, 2023
Nikola pushes shareholder meet again as it seeks nod for key proposal
(Reuters) - Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it could not muster sufficient votes for a proposal to increase the numbe...
Syndicated Content Jul 06, 2023
Fed lending to banks eases a bit in latest week
NEW YORK (Reuters) - Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank's discount window stood at $3.4 billion on Wednes...
Syndicated Content Jul 06, 2023
DeSantis rakes in $20m after wobbly start to 2024 White House run
By James Oliphant and Jason Lange WASHINGTON (Reuters) - Republican presidential candidate Ron DeSantis raised $20 million in the second quarter of the year, his campaign said on Thursday, a sign that...
Syndicated Content Jul 06, 2023
AbbVie trims full-year profit forecast due to higher R&D expenses
(Reuters) - AbbVie Inc cut full-year profit forecast due to unfavorable impact from R&D and milestone expenses, the drugmaker said on Thursday. The company now expects adjusted profit between $10.57 a...
Syndicated Content Jul 06, 2023
Market surveys show Wall Street expected less hawkish Fed outlook
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve forecasts released at the June monetary policy meeting laid out an outlook that was more hawkish than what Wall Street's biggest banks had penc...
Syndicated Content Jul 06, 2023
US labor agency sues Starbucks over treatment of Seattle workers
By Jonathan Stempel NEW YORK (Reuters) - The National Labor Relations Board on Thursday sued Starbucks over the coffee chain's refusal to rehire 33 workers as it reorganized three downtown Seattle sto...
Syndicated Content Jul 06, 2023
US SEC to vote on ‘swing pricing,’ private investment reporting
WASHINGTON (Reuters) - Wall Street's top regulator is due to vote next week on proposed changes aimed at helping control systemic risk in the money market fund and private asset management sectors, wh...
Syndicated Content Jul 06, 2023
Peoria, IL, USA
57 °F Overcast
