By Ben Klayman DETROIT (Reuters) – Ford Motor Co and BMW AG are leading a $130 million funding round in […]
Los Angeles Times names Kevin Merida executive editor
By Helen Coster (Reuters) – The Los Angeles Times on Monday named Kevin Merida as its executive editor, the 19th […]
Knighthead, Certares sweetened bid values Hertz at over $6.2 billion: Bloomberg News
(Reuters) – Knighthead Capital Management and Certares Management have sweetened an offer to buy Hertz Global Holdings Inc out of […]
Analysis: Headwinds facing Buffett’s Berkshire Hathaway have some investors fretting
By John McCrank and Jonathan Stempel NEW YORK (Reuters) – For some Berkshire Hathaway shareholders a list of post-pandemic challenges […]
U.S. construction spending rebounds less than expected in March
WASHINGTON (Reuters) – U.S. construction spending rebounded far less than expected in March as strength in housing was offset by […]
Estee Lauder sales hit by lackluster demand for makeup, shares drop
By Aditi Sebastian (Reuters) -Estee Lauder Cos Inc missed analysts’ estimates for quarterly sales on Monday, as weak demand for […]
In energy-reliant Canada, banks and investors face dilemma in meeting emissions target
By Nichola Saminather TORONTO (Reuters) – Canadian banks’ commitments to “net-zero financed emissions” by 2050 have drawn doubts from many […]
EQT holds out hope for KPN after rejection, sources say, but shares slide
By Bart H. Meijer, Toby Sterling and Arno Schuetze AMSTERDAM (Reuters) – Sweden’s EQT is still interested in buying Dutch […]
U.S. Supreme Court refuses to revive Wells Fargo accounts scandal suit
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday rebuffed a bid by current and former employees of Wells […]
Fidelity halves valuation of Ant Group after Chinese crackdown – WSJ
(Reuters) -U.S. asset manager Fidelity Investments has halved the valuation of its shares in Ant Group, the Chinese financial technology […]