Category Archives:
Exclusive: Activist investor Macellum prepares Kohl’s board challenge -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist hedge fund Macellum Advisors GP LLC is planning to nominate directors to Kohl's Corp's board because it believes the U.S. retailer has not done eno...
Dec 09, 2021
Analysis-Flawed market reform leaves energy consumers with less choice
By Susanna Twidale and Nina Chestney LONDON (Reuters) - High gas and power prices have driven energy retailers to the wall in many countries in a blow to market liberalisation efforts, leaving consume...
Dec 09, 2021
Coatue, Tiger Global buy $100M of talent network Braintrust’s tokens
By Jane Lanhee Lee OAKLAND, Calif (Reuters) - Investors including Coatue Management and Tiger Global Management bought $100 million worth of tokens by Braintrust, a talent network built using blockcha...
Dec 09, 2021
Germany must build fiscal reserves for next crisis – Scholz
By Christian Kraemer and Michael Nienaber BERLIN (Reuters) - Fighting the coronavirus pandemic is the biggest challenge for Germany's new government and Berlin must create fiscal reserves now to be pr...
Dec 09, 2021
U.S. weekly jobless claims drop to lowest level since 1969
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to the lowest level in more than 52 years last week as labor market conditions continued to tig...
Dec 09, 2021
Texas says 8 power generators violate winter readiness rules
(Reuters) - The Public Utility Commission (PUC) of Texas said eight power generating companies failed to file winter readiness reports by the Dec. 1 deadline, violating rules adopted to avoid blackout...
Dec 09, 2021
S.Africa energy minister defends Shell’s planned seismic blasting on Wild Coast
By Tim Cocks JOHANNESBURG (Reuters) - South Africa's energy minister defended on Thursday Royal Dutch Shell's plans for seismic oil exploration along a pristine coastal stretch, saying critics of the ...
Dec 09, 2021
Volkswagen ramps up e-mobility spending to $59 billion by 2026
FRANKFURT (Reuters) - Volkswagen on Thursday said it would ramp up spending for battery-powered electric vehicles by around 50% to 52 billion euros ($59 billion) by 2026 as part of the group's far-rea...
Dec 09, 2021
U.S. weekly jobless claims drop to lowest level since 1969
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped to the lowest level in more than 52 years last week as labor market conditions continued to tighten a...
Dec 09, 2021
Italy’s Wertmuller, first woman to get Oscar director nomination, dies at 93
ROME (Reuters) - Italian writer-director Lina Wertmuller, the first woman ever to be nominated for best director at the U.S. Academy Awards, has died at the age of 93, the culture ministry said on Thu...
Dec 09, 2021
Peoria, IL, USA
44 °F Mist
