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Recent Posts

  • Retailers rush to save US summer shopping season
    May 15, 2025
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    May 15, 2025
  • Japan’s oil refiners scale back decarbonisation efforts, refocus on fossil fuels
    May 15, 2025
  • February 14, 2025

US CDC, NIH lay off probationary workers under Trump job cuts, sources say

By Andrea Shalal, Leah Douglas, Ahmed Aboulenein and Ted Hesson WASHINGTON (Reuters) -Almost half of the probationary workers at the U.S. Centers for Disease Control and...

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  • February 14, 2025

Vale expects to raise Carajas iron ore output by 13% with billionaire investment

By Roberto Samora and Andre Romani SAO PAULO/BRASILIA (Reuters) -Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in...

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  • February 14, 2025

Berkshire takes swig of Modelo maker Constellation; cuts BofA, Citigroup

By Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway (NYSE:BRKa) on Friday disclosed a new investment in alcoholic beverages producer Constellation Brands...

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  • February 14, 2025

Elon Musk's tactics frustrate some White House senior officials

By Alexandra Ulmer, Gram Slattery and Nandita Bose (Reuters) -As tech billionaire Elon Musk expands his influence over more than a dozen U.S. federal agencies, frustration is...

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  • February 14, 2025

Matthews announces governance changes as vote on boardroom fight looms

By Svea Herbst-Bayliss NEW YORK (Reuters) - Matthews International (NASDAQ:MATW) on Friday announced a number of corporate governance changes aimed at pushing up the casket...

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  • February 14, 2025

Ackman's firm boosts stake in Nike, cuts Chipotle during Q4

NEW YORK (Reuters) - Billionaire investor William Ackman increased his stake in sportswear company Nike (NYSE:NKE) by 15% and cut his investment in fast-casual food chain...

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  • February 14, 2025

Hedge fund Viking buys Boeing shares, adds more JPMorgan, filing shows

By Carolina Mandl BANGALORE/NEW YORK (Reuters) -U.S.-based hedge fund Viking Global built a $526 million-worth new position in planemaker Boeing (NYSE:BA) in the fourth quarter,...

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  • February 14, 2025

JPMorgan expects criticism over its DEI policy

(Reuters) - JPMorgan Chase (NYSE:JPM) expects to face criticism on some of its business practices, including diversity, equity and inclusion (DEI), according to its regulatory...

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  • February 14, 2025

GM closing plant in China as part of restructuring

By Kalea Hall DETROIT (Reuters) - General Motors (NYSE:GM) is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring...

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  • February 14, 2025

Bank of America hires former JPMorgan executive to strengthen private bank, memo says

(Reuters) - Bank of America has hired JPMorgan Chase (NYSE:JPM) veteran Mike Marino as the Georgia market executive of its private bank, according to an internal memo seen by...

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