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Skip, pause or hike? Bond investors play it safe before Fed policy decision
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Many bond investors are keeping a defensive stance in managing their portfolios ahead of this week's Federal Reserve policy meeting, as they brace for ...
Syndicated Content Jun 12, 2023
US FTC seeks to block Microsoft’s acquisition of Activision -source
(Reuters) -The U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday. Microso...
Syndicated Content Jun 12, 2023
Lockheed Martin collaborates with GlobalFoundries to secure defense chip supply
(Reuters) - Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems. The strategic collabor...
Syndicated Content Jun 12, 2023
EU probing raided fashion firms’ pricing practices -sources
By Emilio Parodi and Foo Yun Chee MILAN/BRUSSELS (Reuters) - EU antitrust regulators who raided Kering's Gucci and other fashion firms in April are looking into how they set prices of handbags and lea...
Syndicated Content Jun 12, 2023
Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) - Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing grow...
Syndicated Content Jun 12, 2023
Verizon searching for new finance chief and potential CEO successor – WSJ
(Reuters) - Verizon Communications is searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing peopl...
Syndicated Content Jun 12, 2023
Sphere Entertainment to launch immersive content studio in Hollywood
(Reuters) - Sphere Entertainment said on Monday it was launching Sphere Studios in Hollywood to create immersive film content for its entertainment venue, Sphere, in Las Vegas. The live entertainment ...
Syndicated Content Jun 12, 2023
Credit Suisse shares close slightly higher on final trading day
ZURICH (Reuters) - Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank's takeover by Swiss rival UBS. Under the terms of the 3 ...
Syndicated Content Jun 12, 2023
YouTube resolves composer’s copyright lawsuit one day before trial
By Blake Brittain (Reuters) - Alphabet's YouTube and Grammy-winning composer Maria Schneider said in a court filing on Sunday that they agreed to dismiss Schneider's San Francisco federal lawsuit accu...
Syndicated Content Jun 12, 2023
Fed Board nominee hearing at Senate panel set for June 21
(Reuters) - U.S. President Joe Biden's picks for Federal Reserve Vice Chair and to fill one vacant Fed Board seat will appear before the Senate Banking Committee on June 21 for a nomination hearing, a...
Syndicated Content Jun 12, 2023
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