AMSTERDAM (Reuters) – Amsterdam’s Schiphol Airport said on Tuesday that passenger caps introduced for the summer season to cope with long waiting times and other logistical problems will be extended into September and October. In a statement Schiphol said it was also continuing other measures, such as asking passengers to show up no more than …
Schiphol Airport says passenger caps to continue through October Read More »
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) – Ben & Jerry’s and its parent Unilever Plc said talks had broken down to resolve their dispute over the sale of the ice cream maker’s Israeli business, which would allow its products in the occupied West Bank. In a letter on Monday to U.S. District …
Ben & Jerry’s talks with Unilever over Israeli dispute break down Read More »
By David Carnevali and Leroy Leo (Reuters) -PerkinElmer Inc on Monday agreed to sell three of its businesses to private equity firm New Mountain Capital for up to $2.45 billion in cash, as it looks to focus on its life sciences and diagnostics businesses under a new name. The latest deal is among a wave …
PerkinElmer divests three business units in $2.45 billion deal Read More »
WASHINGTON (Reuters) – The U.S. business of Fiat Chrysler Automobiles was sentenced Monday after it pleaded guilty in June to criminal conspiracy and will pay nearly $300 million to resolve a multi-year U.S. Justice Department diesel emissions fraud probe. FCA US LLC, formerly Chrysler Group LLC, previously struck a plea agreement with the Justice Department …
Stellantis unit sentenced in U.S. diesel emissions probe, will pay $300 million Read More »
By Ruhi Soni (Reuters) -Mosaic Co posted higher second-quarter profit on Monday as a global fertilizer shortage drove up prices of crop nutrients. Companies such as Mosaic are benefiting from sanctions on Russia and Belarus, the world’s No.2 and 3 fertilizer suppliers. Russia produces 13% of the world’s fertilizers that contain potash, phosphate and nitrogen. …
(Reuters) – Activist Investor Elliott Investment Management said on Monday it had become the largest shareholder in Pinterest Inc and that it saw potential for growth, sending shares of the pin-board company up 21%. “Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today …
Pinterest shares jump 20% after Elliott discloses it is the largest shareholder Read More »
By Dietrich Knauth (Reuters) -West Virginia’s cities and counties reached a $400 million settlement on Monday with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc, resolving the local governments’ allegations that the three companies fueled an opioid crisis in the state. More than 100 local governments had sued the drug distributors, alleging they …
West Virginia cities reach $400 million opioid distributor settlement Read More »
By Aniruddha Ghosh and Noel Randewich (Reuters) – Wall Street ended lower after a choppy session on Monday, with declines in Exxon Mobil and other energy companies weighing against gains in Boeing as investors digested the U.S. stock market’s biggest monthly gains in two years. Stocks gave up some of a strong rally from last …
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(Reuters) – Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on Monday. The U.S. bank had paused the hiring policy in June after the New York Times reported such interviews were often fake and conducted even …
Wells Fargo reinstates diverse slate hiring policy following June pause Read More »
By Steven Scheer JERUSALEM (Reuters) -Bezeq Israel Telecom on Monday raised its estimate for adjusted 2022 net profit to 1.1-1.2 billion shekels ($325-$354 million) from a prior forecast of 1.0-1.1 billion, while expecting to reach more homes with its fibre optics network. Bezeq, Israel’s largest telecoms group, projects reaching 1.5 million homes with its fibre …
Bezeq Telecom raises profit forecast, ups fibre rollout estimate Read More »
