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Citigroup hires former UBS banker for energy dealmaking – memo
By David French and Anirban Sen (Reuters) - Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its investm...
Syndicated Content Jun 01, 2023
ATM maker Diebold Nixdorf files for bankruptcy to cut $2 billion in debt
By Dietrich Knauth NEW YORK (Reuters) - ATM maker Diebold Nixdorf filed for bankruptcy in Texas on Thursday, saying it had reached an agreement to reduce the company's overall debt by $2.1 billion. Th...
Syndicated Content Jun 01, 2023
CNN Worldwide appoints Warner Bros Discovery’s David Leavy as COO
(Reuters) - Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide, effective June 20, the media network said on Thursday. Leavy, who cur...
Syndicated Content Jun 01, 2023
Companies like Microsoft can help manage migration: incoming UN migration chief
By Emma Farge GENEVA (Reuters) - The incoming head of the U.N. migration agency said on Thursday that she has talked to companies like Microsoft to see how they can build partnerships to manage migrat...
Syndicated Content Jun 01, 2023
FDA warns about safety risks of tailored weight-loss drugs
(Reuters) - The U.S. Food and Drug Administration (FDA) warned about the safety risks of using compounded or custom-made versions of popular weight-loss drugs such as Wegovy and diabetes drug Ozempic....
Syndicated Content Jun 01, 2023
Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says
NEW YORK (Reuters) - Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in losses since la...
Syndicated Content Jun 01, 2023
Airbnb sues New York City for short-term rental restrictions
By Doyinsola Oladipo NEW YORK (Reuters) - Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a "de facto ban" against short-term rentals set to go into effect in Jul...
Syndicated Content Jun 01, 2023
FTC chair Khan accused of ‘abuse of power’ in new US House probe
WASHINGTON (Reuters) - The House Oversight Committee's Chairman James Comer opened a probe Thursday into U.S. Federal Trade Commission Chair Lina Khan's management of the agency, citing complaints of ...
Syndicated Content Jun 01, 2023
New England to have enough power for this summer -operator
(Reuters) - New England is expected to have enough resources this summer to meet consumer demand for power in normal weather conditions, the region's independent electricity operator said on Thursday....
Syndicated Content Jun 01, 2023
Fed ‘close’ to where it can hold rates steady, Harker says
(Reuters) - Philadelphia Federal Reserve President Patrick Harker on Thursday said that while high inflation is coming down at a "disappointingly slow" pace, the U.S. central bank may not need to rais...
Syndicated Content Jun 01, 2023
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