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(Reuters) - Veteran dealmaker Michael Klein-led blank-check company Churchill Capital Corp V said on Monday it would cease operations nearly three years after it went public. Klein, a prolific sponsor...

(Reuters) - WeWork Inc on Monday said it had decided to withhold interest payments of about $95 million related to some of its notes, as it tries to improve its capital structure. The company withheld...

By Howard Schneider YORK, Pennsylvania (Reuters) - After helping build a floor under the economy during the pandemic only to put a squeeze on it as inflation soared, Federal Reserve Chair Jerome Powel...

By Svea Herbst-Bayliss NEW YORK (Reuters) - Bill Ackman's new investment vehicle, Pershing Square SPARC Holdings Ltd, marks a departure from special purpose acquisition companies (SPACs), which have l...

(Reuters) - Boaz Weinstein's coalition has sweetened its offer for hedge fund firm Sculptor Capital Management, the Wall Street Journal reported on Monday, citing people familiar with the matter. Over...

By Blake Brittain WASHINGTON (Reuters) - A U.S. Patent Office tribunal on Monday rejected challenges to two key patents owned by Novo Nordisk covering the active ingredient in its weight-loss and diab...

PEORIA, Ill. – Illinois Central College President Doctor Sheila Quirk-Bailey is having solar energy panels installed on the roof of her house this week. And those doing the work of installing th...

By Alien Fernandez HAVANA (Reuters) - In Cuba, beset by economic crisis and shortages, even the most fundamental of endeavors like fishing or farming can get complicated quickly. That's why two young ...

PEORIA, Ill. – Three teenagers were arrested after Peoria Police say one of them accidentally fired a gun over the weekend. Police say it happened around 9:00 Friday night on West Warwick near B...

PEORIA, Ill. – A Peoria man is jailed after he allegedly opened fire early Saturday morning, then tried to run from police. Peoria Police say the shooting happened before 5:30 Saturday on West J...