By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Tuesday it is recalling 219,000 Jeep Cherokee SUVs worldwide for fire risks and warned owners to park outside until repairs[...]
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May 16, 2023
New Vodafone boss takes aim at costs with 11,000 global job cuts
By Paul Sandle and Sarah Young LONDON (Reuters) -New Vodafone boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain its competitive edg[...]
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Philippine central bank to hold rates at 6.25% in May after nine straight increases – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Philippines central bank will likely leave its key interest rate unchanged at 6.25% on Thursday, and keep it there for the rest of 2023, marking an[...]
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BlackRock to call staff back to office at least four days a week – memo
(Reuters) – BlackRock Inc, the world’s largest asset manager, has asked its staff to return to office at least four days a week, according to an internal memo seen by Reuters. “We wi[...]
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FTC to block Amgen’s $27.8 billion deal for Horizon Therapeutics – source
(Reuters) -The U.S. Federal Trade Commission is expected to file a lawsuit as early as Tuesday to block Amgen Inc’s $27.8 billion deal to buy Horizon Therapeutics PLC, a person familiar with the[...]
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Walmart investors eye margins amid grocery focus
By Siddharth Cavale NEW YORK (Reuters) – When Walmart reports earnings Thursday, investors will get an even closer look at how American shoppers shifted their spending when faced with higher pri[...]
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Google to delete inactive accounts starting December
(Reuters) – Alphabet Inc’s Google on Tuesday said it would delete accounts that had remained unused for two years starting December, in a bid to prevent security threats including hacks. T[...]
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Writers’ strike injects uncertainty into upfront ad-selling ritual
By Dawn Chmielewski, Helen Coster and Sheila Dang NEW YORK (Reuters) – An animated appearance by Ted, the foul-mouthed teddy bear from the movie of the same name, a gaggle of “Real Housewives” a[...]
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FTC Commissioners yet to meet on Amgen-Horizon deal – CNBC
(Reuters) – Commissioners at the U.S. Federal Trade Commission (FTC) have not yet met to discuss Amgen’s acquisition of Horizon Therapeutics, CNBC reported on Tuesday. The news comes a day[...]
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