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Western Digital gets $900 million investment from Apollo, Elliot
By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) - Memory chip maker Western Digital Corp said on Tuesday it will receive $900 million through a convertible preferred stock deal from private equi...
Syndicated Content Jan 31, 2023
Factbox-Bumper profits fuel surge in dividends, buybacks at oil firms
(Reuters) - Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The top 25 North ...
Syndicated Content Jan 31, 2023
Traders see inflation falling this year – JPMorgan survey
By Naomi Rovnick LONDON (Reuters) - Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey released on Wed...
Syndicated Content Jan 31, 2023
Tokyo booms for shareholder-relations advisers as activists raise pressure
By Makiko Yamazaki TOKYO (Reuters) - A rising wave of shareholder activism has turned Tokyo into a growth market for businesses that offer advice on shareholder relations, as corporate Japan scrambles...
Syndicated Content Jan 31, 2023
SK Hynix warns chip downturn to worsen in H1, posts record quarterly loss
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean chipmaker SK Hynix Inc said the industry downturn will worsen in the first half of 2023, as it posted a record quarterly operating loss on ...
Syndicated Content Jan 31, 2023
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) - The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions o...
Syndicated Content Jan 31, 2023
DC Comics fandom celebrates return of ‘Swamp Thing’ to big screen
By Danielle Broadway LOS ANGELES (Reuters) - He looks like a giant, angry vegetable and fights tirelessly to protect his wetland home. He has made his way from comic books to film, television and vide...
Syndicated Content Jan 31, 2023
Boeing CEO hints at higher jet output, optimistic on China
By Tim Hepher and David Shepardson PARIS/WASHINGTON (Reuters) -Boeing Co Chief Executive Dave Calhoun pointed toward future increases in narrow-body jet production and voiced hopes that an upcoming vi...
Syndicated Content Jan 31, 2023
Factbox-What ending the U.S. COVID health emergency means for your pocket
By Ahmed Aboulenein WASHINGTON (Reuters) - The U.S. government on May 11 will end the COVID-19 Public Health Emergency (PHE) that allowed millions of Americans to receive vaccines, tests, and treatmen...
Syndicated Content Jan 31, 2023
Defense tech firm Mercury Systems announces CFO exit, strategic review
(Reuters) - Mercury Systems Inc on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had initiated a review of strategic alternatives. The news comes a y...
Syndicated Content Jan 31, 2023
Peoria, IL, USA
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