(Reuters) – Avangrid, part of the Iberdrola Group, has completed the sale of its Kitty Hawk North offshore wind lease to Dominion Energy at $160 million, the company said on Thursday. The lease covers Avangrid’s nearly 40,000-acre Kitty Hawk North wind farm proposed more than 36 miles (57.94 km) from Virginia Beach, Virginia, and associated …
Avangrid sells offshore wind lease to Dominion Energy for $160 million Read More »
By Marcela Ayres WASHINGTON (Reuters) – Brazil’s government will make announcements soon that will partly address financial markets’ fiscal concerns that are affecting the country’s risk premium, central bank chief Roberto Campos Neto said on Thursday. Speaking at a G20 press conference on the sidelines of the International Monetary Fund and World Bank annual meetings …
Brazil to partly address fiscal concerns soon, central bank chief says Read More »
(Reuters) -The U.S. Food and Drug Administration was investigating whether Taylor Farms, a supplier for McDonald’s, was the possible source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 50 others, CNBC reported on Thursday. The FDA, however, said that they were still looking …
FDA probing McDonald’s supplier Taylor Farms as source of E. Coli outbreak, CNBC reports Read More »
(Reuters) – Perplexity said on Thursday the allegations of copyright infringement in a lawsuit filed by Dow Jones and the New York Post were misleading, and vowed to defend itself. The media conglomerate News Corp-owned publishers sued California-based Perplexity on Monday, claiming that the startup engages in a “massive amount of illegal copying” of their …
Perplexity says will defend itself in the Dow Jones, New York Post lawsuit Read More »
By Ananya Mariam Rajesh, Waylon Cunningham (Reuters) -McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states. The outbreak has sickened people across the U.S. …
McDonald’s US head vows to improve safety after E. coli outbreak, more cases expected Read More »
By Utkarsh Shetti and Anandita Mehrotra (Reuters) – Honeywell projected annual sales below Wall Street expectations and missed quarterly revenue estimates on Thursday as the industrial giant struggles with persistent supply-chain disruptions and weakness in its industrial automation business. The automation segment, which helps factories and plants mechanize their manufacturing processes, reported a 5% decline …
Honeywell sales projections fall short due to ongoing supply-chain disruptions Read More »
By Arasu Kannagi Basil and Echo Wang (Reuters) -Ingram Micro notched a valuation of $6 billion after shares jumped 15% in their market debut on Thursday, signaling strong investor demand for one of the world’s largest technology distributors. U.S. initial public offerings have staged a comeback as investor sentiment improves and stock markets hover near …
Platinum Equity’s Ingram Micro valued at $6 billion as shares jump 15% in NYSE debut Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival activist’s efforts instead of pressing ahead with its own board challenge, sources familiar with the matter said on Thursday. D.E. Shaw no longer plans …
D.E. Shaw throws support to Mantle Ridge in Air Products board fight Read More »
By Shivansh Tiwary (Reuters) -American Airlines lifted its annual profit forecast on Thursday, on improved pricing power and a recovery from the missteps in its sales strategy that led to an exodus of corporate clients. In its attempt to improve margins, the airline had cut perks and discounts tied to its contracts with corporate travel …
American Airlines lifts profit view on higher pricing, sales strategy correction Read More »
By Lucia Mutikani WASHINGTON (Reuters) -New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years, indicating it was becoming harder for those losing jobs to land new positions. The second straight weekly drop in filings for state unemployment benefits …
US labor market plodding along, but jobs becoming more scarce Read More »
