Category Archives:
Viasat’s takeover of Inmarsat could harm airline wifi market, UK says
LONDON (Reuters) - Britain's competition regulator said on Thursday Viasat's $7.3 billion takeover of satellite rival Inmarsat could hamper competition and lead to airlines facing higher prices for on...
Oct 06, 2022
Security startup Arctic Wolf raises $401 million in convertible debt
By Krystal Hu (Reuters) - Cybersecurity company Arctic Wolf has raised $401 million in convertible notes led by existing investor Owl Rock, the latest example of late-stage startups seeking alternativ...
Oct 06, 2022
Amazon to hire 150,000 workers ahead of holiday season
(Reuters) - Amazon.com Inc said on Thursday it would hire 150,000 employees in full-time, seasonal and part-time roles across its operations in the United States ahead of the upcoming holiday season. ...
Oct 06, 2022
About 118,000 still without power in Puerto Rico two weeks after Fiona
NEW YORK (Reuters) - An estimated 118,000 homes and businesses were still without power in Puerto Rico on Thursday, over two weeks after Hurricane Fiona caused an island-wide outage for its 3.3 millio...
Oct 06, 2022
ECB accounts show overwhelming inflation worries
FRANKFURT (Reuters) - European Central Bank policymakers meeting last month worried that inflation could get stuck at exceptionally high levels so aggressive policy tightening was needed, even at the ...
Oct 06, 2022
Two arrested in Reditus Labs robbery
PEKIN, Ill. — Two then-employees of Pekin’s Reditus Labs were arrested and charged with burglarizing the facility where they worked in September, according to police and court documents ob...
Oct 06, 2022
Conagra Brands beats quarterly sales estimates on higher prices
(Reuters) - Conagra Brands Inc beat quarterly sales estimates on Thursday as higher product prices offset waning demand for its snacks and ready-to-eat meals. Packaged food makers have been increasing...
Oct 06, 2022
Iliad enters in fibre deal with Fastweb to expand broadband offer in Italy
ROME (Reuters) - Iliad has signed a deal with rival broadband operator Fastweb to extend its fibre offer in Italy as the French telecoms group taps into greater demand for ultra-fast connectivity, the...
Oct 06, 2022
Peloton to cut about 12% of workforce in turnaround attempt -WSJ
(Reuters) -Peloton Interactive is planning to cut about 12% of its workforce in its fourth round of layoffs so far this year, the Wall Street Journal reported on Thursday, citing a company statement. ...
Oct 06, 2022
Porsche overtakes Volkswagen as Europe’s most valuable carmaker
BERLIN (Reuters) - Porsche took pole position as Europe's most valuable automaker on Thursday, overtaking former parent Volkswagen as the price of the sportscar maker's newly-listed shares sped higher...
Oct 06, 2022
Peoria, IL, USA
43 °F Overcast
