By Matt Tracy (Reuters) – U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities. But they were doing so at a[...]
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September 15, 2023
Dollar down after data but set for ninth straight weekly climb
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar was lower on Friday, after data showing a dip in consumer sentiment, but the greenback was still poised for a ninth straight week of gai[...]
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All3Media owners kick off sale process -sources
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media have formally kicked off a sale process for the British television production company, five people familiar with the matter told Reut[...]
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Verizon executive kicks off week two of US v Google antitrust trial
By Diane Bartz WASHINGTON (Reuters) – The Justice Department’s first witness when the government kicks off the second week of the Google antitrust trial will be a Verizon executive, who wi[...]
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Mogul Byron Allen makes $10 billion bid for Disney’s ABC, other networks
By Dawn Chmielewski, Kanjyik Ghosh and Dimpal Gulwani (Reuters) -Media entrepreneur Byron Allen has made a $10 billion bid to buy Walt Disney’s ABC television network and assets including the FX[...]
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At striking Ford plant in Michigan, workers revile two-tier wage system
By Eric Cox and Kevin Krolicki WAYNE, Michigan (Reuters) -Striking auto workers converged on a Ford assembly plant on the outskirts of Detroit on Friday morning to show their support for the most ambi[...]
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EU antitrust regulators set Oct. 19 deadline for Pfizer’s Seagen deal
BRUSSELS (Reuters) – Pfizer’s $43 billion bid for Seagen will be decided by EU antitrust regulators by Oct. 19, a regulatory filing showed on Friday. U.S. pharmaceutical company Pfizer ann[...]
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UAW Chief Shawn Fain disrupts Detroit’s labor tradition
(Corrects length of time for actors’ strike in fifth-to-last paragraph) By Joseph White (Reuters) – He is known to quote the Bible and Nation of Islam civil rights leader Malcolm X. He is[...]
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Instacart raises IPO price range after robust Arm debut
(Reuters) – Grocery delivery app Instacart raised its proposed price range for its initial public offering (IPO) on Friday, revising its terms to target a fully-diluted valuation of up to $10 bi[...]
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