FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding marke[...]
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May 9, 2023
FTX’s law firm is back in the cross-hairs as Bankman-Fried kicks off defense
By Andrew Goudsward (Reuters) – Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange’s law firm as he mounts his defense against a raft of fraud[...]
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Macquarie expects $1 billion from sale of U.S. port terminal operator Ceres – WSJ
(Reuters) – Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesd[...]
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Judge dismisses lawsuit over Block’s ‘terrible’ purchase of Jay-Z’s Tidal
By Jonathan Stempel (Reuters) – A Delaware judge on Tuesday dismissed a shareholder class action seeking to hold Jack Dorsey and other board members at Block Inc liable for approving the payment[...]
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Cboe files with U.S. SEC for third time to list ARK 21Shares Bitcoin ETF
NEW YORK (Reuters) – Cboe Global Markets on Tuesday filed a proposal with the U.S. Securities and Exchange Commission to list and trade shares of a spot bitcoin ETF by stock-picker Cathie Wood[...]
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Winn-Dixie sanctioned in Keurig US antitrust case
By Mike Scarcella (Reuters) – A U.S. magistrate judge said food retailer Winn-Dixie Stores Inc should be punished for failing to follow court orders in its U.S. lawsuit accusing coffee maker Keu[...]
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Ryanair places major Boeing order after jet price truce
By Valerie Insinna, Padraic Halpin and Tim Hepher WASHINGTON/DUBLIN (Reuters) -Ireland’s Ryanair sealed a multibillion-dollar deal for as many as 300 Boeing jets on Tuesday, burying the hatchet[...]
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PayPal tumbles 12%, eyes lowest close since 2017
(Reuters) – PayPal Holdings’ stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual adjusted operating m[...]
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Tyson Foods aims to resume slaughtering pigs in mid May at Nebraska plant
CHICAGO (Reuters) – Tyson Foods Inc plans to resume slaughtering pigs in mid-May at a Madison, Nebraska, pork plant damaged by fire two weeks ago, the meatpacker said on Tuesday. The extended ha[...]
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