By Svea Herbst-Bayliss, Echo Wang and Krystal Hu NEW YORK (Reuters) – Individual investors like Tony Alvarado have been a blessing and a curse for Donald Trump’s social media company. Trump Media & Technology Group (TMTG) – which operates the Truth Social app co-founded by the former U.S. president after he was banned from Twitter …
Analysis-Behind Trump’s media deal, a vote where only yes will do Read More »
By Ross Kerber (Reuters) – Top farming and food firms could lose up to a quarter of their value by 2030 if they do not adapt to new government policies and consumer behavior tied to climate change, United Nations-affiliated campaigners said in a new report. Research to be presented on Tuesday looked at how 40 …
Farm and food investors face $150 billion loss on climate change – report Read More »
By David Shepardson (Reuters) -Ford Motor said on Monday inflation-related supplier costs will run about $1 billion higher than expected in the current quarter and estimates it will have 40,000 to 45,000 vehicles in inventory lacking parts, which will delay sales. Ford shares were down 4.4% to $14.27 in after hours trading. The No. 2 …
Ford sees inflation lifting quarterly supply costs $1 billion Read More »
By David Shepardson WASHINGTON (Reuters) – The Biden administration will expand U.S. flights to Havana, adding 13 weekly American Airlines departures from Miami and a weekly JetBlue departure from Fort Lauderdale, Florida, the Transportation Department said on Monday. That is on top of the typical six daily American Airlines flights and three JetBlue flights weekdays …
U.S. OKs new American Airlines, JetBlue flights to Havana Read More »
By Jessica DiNapoli NEW YORK (Reuters) -Environmental groups are asking Procter & Gamble Co investors to vote against its chief executive and two directors at its annual meeting next month because they believe the company still uses too much virgin wood pulp in its paper products, according to a filing. Environmental nonprofits including the Natural …
Environmental groups ask investors to vote against P&G CEO, directors Read More »
(Reuters) – Zendesk Inc shareholders have approved a $10.2 billion planned acquisition of the software maker by a group of private equity firms led by Hellman & Friedman and Permira, the company said on Monday. The company in June agreed to be taken private in a deal that would be see investors receive $77.50 per …
Zendesk shareholders vote in favor of $10.2 billion go-private deal Read More »
(Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf Investors do not appear to be waiting for the barrage of central bank meetings this week before making moves. While holidays in Tokyo and London may have meant global trading was somewhat subdued, that did not stop rates from continuing to …
By David French (Reuters) – Wall Street’s main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week’s policy meeting at the Federal Reserve and how aggressively it will hike interest rates. Even more so than the Ukraine war or corporate earnings, the actions of the U.S. central bank …
Wall Street ends choppy session higher with focus firmly on Fed Read More »
By Lisa Baertlein LOS ANGELES (Reuters) – FedEx, United Parcel Service and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the opposite problem – too much delivery capacity. Online sales started fizzling during last year’s peak delivery season from Thanksgiving weekend through the end …
2022’s holiday delivery challenge: softening e-commerce demand Read More »
By Shariq Khan (Reuters) -Chevron Corp is marketing its interest in more than 2,000 oil and gas wells in Alaska, the company told Reuters on Monday, in a move that could mark the oil major’s second exit from oil production in the state in three decades. One of the earliest companies to prospect for oil …
Exclusive-Chevron offering minority stakes in three Alaskan oilfields Read More »
