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Factbox-Healthcare firms see growing activist investor involvement in the past year

(Reuters) -Activist investors have targeted major healthcare companies over the past year to push them to improve their performance, with some campaigns only coming to light after announcements of board changes. Below are some notable healthcare companies that came under activist pressure in the last 12 months. MEDTRONIC In August 2025, the medical device maker …

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Target’s new CEO faces uphill task to gain investor confidence: Quote Box

(Reuters) -Target’s appointment of company veteran Michael Fiddelke as CEO did little to enthuse Wall Street analysts as they were pinning their hopes on an outsider to put the struggling retailer back on track. Shares of Target tumbled nearly 11% on Wednesday after the announcement. Fiddelke replaces Brian Cornell, who is set to retire as …

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Air Canada set to resume flights as cabin crew return to work

(Reuters) -Air Canada is set to resume its flight services on Wednesday, after a nearly four-day strike by its unionized flight attendants left more than 500,000 passengers stranded. “While the restart of our operations will begin immediately, we expect it will take several days before our operations return to normal,” the airline said. The flight …

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Analog Devices forecasts upbeat results on strong industrial demand

(Reuters) -Analog Devices forecast fourth-quarter revenue above analysts’ expectations on Wednesday, as the company anticipates stable demand for its products despite tariff uncertainty. The chipmaker has benefited from increased demand in its industrial segment, resulting in healthy bookings trends and growth in its order backlog, as manufacturers pulled forward shipments amid shifting U.S. tariff policies. …

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Switzerland moves to strengthen its competitiveness after US tariffs

ZURICH (Reuters) -Switzerland is intensifying efforts to strengthen its attractiveness as a business location, its government said on Wednesday, after being hit with some of the highest U.S. tariffs worldwide. Efforts will focus on regulatory relief for Swiss companies, and new rules incurring high costs for businesses could be pushed back, the government said in …

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Morning Bid: Tech angst on AI doubts

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets In markets, the trigger for sudden confidence swoons is often elusive, particularly when looking at periodic rotations out of high-flying U.S. tech stocks. And most signs suggest this week’s tech retreat may be more …

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US examines equity stake in chip makers for CHIPS Act cash grants, sources say

By Andrea Shalal, David Shepardson, Nandita Bose and Max A. Cherney WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in exchange for grants under the CHIPS Act, which aims to spur factory-building in the U.S., two sources said. As part of a …

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NZ central bank cuts rates to 3-year low, flags more easing; kiwi tumbles

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3.00% on Wednesday, and flagged further reductions in coming months as policymakers warned of domestic and global headwinds to growth. The central bank’s dovish tone caught markets offguard and sent the New Zealand …

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Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry

WASHINGTON (Reuters) -President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is “hurting” the housing industry “very badly” and repeated his call for a big cut to U.S. interest rates. “Could somebody please inform Jerome “Too Late” Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage …

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Trump blasts appeals court for halting Resolution Copper land transfer

By Ernest Scheyder (Reuters) – U.S. President Donald Trump on Tuesday criticized an appeals court’s decision to temporarily block federal officials from completing a land transfer needed for Rio Tinto and BHP to develop Arizona’s Resolution Copper project. Trump’s post on his Truth Social platform came after he and Interior Secretary Doug Burgum met at …

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