By Mike Scarcella (Reuters) – Caesars Entertainment Inc, MGM Resorts International and other casino-hotel operators in Atlantic City, New Jersey, have been sued by consumers in a proposed class[...]
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May 10, 2023
Coffee chain Tim Hortons to open stores in South Korea
NEW YORK (Reuters) – North American coffee shop chain Tim Hortons will enter the retail market in South Korea later this year, its parent company Restaurant Brands International said in a statem[...]
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India’s Go First airline gains bankruptcy protection, lessors’ woes deepen
By Arpan Chaturvedi, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, bolstering the country’s fourth largest carrier[...]
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Panasonic sees record profit on robust battery demand, U.S. tax credit
TOKYO (Reuters) -Japan’s Panasonic Holdings Corp on Wednesday said it expects net profit to rise to a record high this year on robust auto battery sales and a hefty tax credit in the United Stat[...]
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Lithium producers Allkem, Livent to combine in $10.6 billion deal
(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal to create the world’s third-largest producer of the metal used to m[...]
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Syneos taken private for $4.46 billion by investment consortium
(Reuters) -An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to take Syneos Health Inc private for $4.46 billion, the contra[...]
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US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) – It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver, head of a community bank tucked in the mountains of west[...]
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US April CPI rise gives Fed little room for pivot soon – Instant View
NEW YORK (Reuters) – U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially en[...]
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New York Times revenue hit by slow ad spending, subscriber growth
(Reuters) – The New York Times Co missed estimates for quarterly revenue on Wednesday as a turbulent economy sapped digital subscriber growth and forced businesses to cut back on advertising spe[...]
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