WASHINGTON (Reuters) -The U.S. Army said on Monday it had selected General Dynamics and American Rheinmetall to compete to replace the Bradley fighting vehicle, in a deal that could be worth more than[...]
Read moreJune 26, 2023
Exclusive-Software company Enfusion draws takeover interest from private equity, Irenic Capital
By Svea Herbst-Bayliss NEW YORK (Reuters) – Software company Enfusion Inc is attracting takeover interest from private equity firms and strategic buyers, several people familiar with the matter[...]
Read moreIllumina starts job cuts, plans office exit to rein in costs
(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the impact of sticky inflation and a strong dollar on its business. The co[...]
Read moreAutoZone’s long-time CEO Rhodes to step down next year
(Reuters) – AutoZone Inc CEO Bill Rhodes will step down in January next year after leading the company for more than 18 years, the U.S. car parts retailer said on Monday. Another company veteran[...]
Read more‘Taco Tuesday’ owners fire back after Taco Bell’s trademark challenge
By Blake Brittain (Reuters) – Fast-food chain Taco John’s and New Jersey-based Gregory’s Restaurant & Bar urged the U.S. Trademark Office on Friday to reject petitions by Taco Be[...]
Read moreUS judge signals he is ready to hold auction of Citgo assets
By Gary McWilliams HOUSTON (Reuters) -A U.S. judge on Monday signaled he was prepared to go ahead with selling Venezuela-owned oil refiner Citgo Petroleum’s assets to satisfy creditor claims whi[...]
Read moreUS stocks slip, crude gains on Russia tensions, rate hike worries
By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering con[...]
Read moreNew rules aim to clamp down on corporate greenwashing
By Huw Jones and Simon Jessop LONDON (Reuters) – Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global rules aimed at helpi[...]
Read moreAnalysis-Fever over BlackRock’s bitcoin fund faces chill of rate hikes and regulations
By Elizabeth Howcroft LONDON (Reuters) – BlackRock’s plans for a bitcoin fund have helped push the world’s largest cryptocurrency to its highest in a year, but rising interest rates[...]
Read more