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(Reuters) -A group of senators sent a letter to Paramount Global chair Shari Redstone on Monday, seeking information about the CBS News owner’s efforts to settle a lawsuit with U.S. President Donald Trump. Senators Elizabeth Warren, Bernie Sanders and Ron Wyden are questioning whether Paramount’s potential attempts to resolve the high profile lawsuit could violate …

Senators question Paramount’s Redstone over ’60 Minutes’ settlement attempts with Trump Read More »

By Amina Niasse NEW YORK (Reuters) -Online weight-loss company Noom has begun offering smaller doses of compounded versions of Novo Nordisk’s Wegovy as the U.S. drugs regulator clamps down on mass production of copies of the in-demand medicine. Noom will offer its version of compounded semaglutide – the active ingredient in Wegovy and diabetes drug …

Weight-loss company Noom pivots to smaller doses of compounded Wegovy Read More »

DOHA (Reuters) -Qatar’s sovereign wealth fund (QIA) is planning to at least double its annual U.S. investments in the next decade, its CEO said on Tuesday, after the fund has already pledged to invest $500 billion in the U.S. economy over the next 10 years. President Donald Trump visited Doha last week during his high-profile …

Qatar’s QIA plans to at least double annual US investments over next decade Read More »

(Reuters) – Victoria’s Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy’s investment firm increased its stake in the lingerie maker. The ‘poison pill’ plan, known as a limited-duration shareholder rights plan, was adopted to “guard against tactics to gain control of the company without paying all shareholders an appropriate premium …

Victoria’s Secret adopts ‘poison pill’ after Australian billionaire’s firm raises stake Read More »

By David Ljunggren OTTAWA (Reuters) -Canada’s annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank of Canada as it ponders its next rate move. The overall inflation rate fell from 2.3% in …

Canada annual inflation rate falls, but rise in core measures is tricky for central bank Read More »

By Max A. Cherney, Milana Vinn and Jeffrey Dastin TAIPEI/SAN FRANCISCO/NEW YORK (Reuters) – Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said. Talks about the potential sale of …

Exclusive-Intel explores sale of networking and edge unit, sources say Read More »

(Reuters) – Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their appetite for takeovers due to weak oil prices and trade …

US oil M&A deals slide from 2023 highs as buyers focus on value over volume Read More »

By Amy-Jo Crowley and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) -Blackstone has kicked off the sale of Clarion Events, four people familiar with the matter said, in a test of demand for takeovers after weeks of market turmoil stymied dealmaking. Blackstone bought Clarion, which runs international trade shows in electronics, gaming, energy, security and defence, in 2017 …

Blackstone launches Clarion sale as markets stabilise, sources say Read More »

By Jody Godoy (Reuters) -Two Democrats on the U.S. Federal Trade Commission who were fired by President Donald Trump in March will urge a federal judge in Washington to declare the move illegal on Tuesday, in the latest showdown over the limits of presidential power. Alvaro Bedoya and Rebecca Kelly Slaughter seek an order declaring …

FTC’s Democrats to ask judge to rule Trump fired them illegally Read More »