(Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the matter told Reuters on Friday. Shares of Informatica had surged as much as 20% in afternoon trading after Bloomberg News first reported that the two companies are in discussion again. They were up 2.8% in …
Informatica explores sale again, Salesforce among suitors Read More »
By Milana Vinn -JPMorgan is expanding its technology team in the investment bank with four West Coast hires from Goldman Sachs, Bank of America and Lazard, according to a memo to staff seen by Reuters. “Serving the technology sector is a top priority for our firm, and we’re consistently investing in the best talent across the …
JPMorgan expands tech team with four veteran bankers from BofA, Goldman, Lazard Read More »
By Simon Jessop LONDON (Reuters) – U.S. government support for a “baseless” case alleging asset managers conspired to reduce competition in the coal sector risks undermining its goal of energy independence, BlackRock, the world’s biggest asset manager, said on Friday. The U.S. Department of Justice and Federal Trade Commission on Thursday filed a statement of …
BlackRock says coal competition case risks US energy independence Read More »
CHICAGO (Reuters) -Flight attendants at United Airlines have reached a tentative agreement with the company for a new contract, their union said on Friday. The Association of Flight Attendants-CWA, which represents United’s flight attendants, said the deal provides industry-leading compensation and retroactive pay. The agreement is estimated to result in a financial gain of 40% …
United Airlines and its flight attendants reach tentative contract agreement, union says Read More »
(Reuters) -Moderna said on Friday it has filed a marketing application for the review of its updated COVID-19 vaccine with the U.S. Food and Drug Administration. The company said the submission for the vaccine, branded as Spikevax, is based on guidance from the FDA, which advised that the shots should be updated to target strains …
Moderna files for review of updated COVID vaccine Read More »
(Reuters) – Southern California Edison (SCE), a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed a lawsuit against SCE in 2023, alleging negligence that caused the wildfire, …
By Luciana Magalhaes and Ana Mano SAO PAULO (Reuters) -Brazilian meatpacker JBS on Friday secured shareholder support for a long-planned dual listing in the United States and Brazil, boosting its shares as analysts calculated a higher valuation in line with global peers. Minority shareholders at a Friday assembly in Sao Paulo delivered enough votes to …
JBS minority shareholders approve dual US-Brazil listing Read More »
By Rajesh Kumar Singh CHICAGO (Reuters) -Newark Liberty International Airport is one of the largest hubs of United Airlines, and the congested airport is also the Chicago-based carrier’s biggest operational challenge. The company told 1.5 million customers in a note on Thursday that congestion at Newark has eased since it reduced flights there. United also …
Analysis-United Airlines has few viable alternatives to congested Newark Airport Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Just when a degree of calm appeared to have settled over world markets, despite a worrying spike in many countries’ long-term bond yields, U.S. President Donald Trump gave the world a stark …
Trading Day: Trump shatters tariff calm with new salvo Read More »
By Waylon Cunningham (Reuters) -McDonald’s Corp is shutting down the five beverage-centered CosMc’s stores it opened in 2023, but said some drinks from the standalone concept would be tested in McDonald’s restaurants. The company said on Friday it had opened the stores as a test to learn more about the “fast-growing beverage space,” which it …
