HOUSTON (Reuters) – The head of Exxon Mobil’s multi-billion-dollar shale oil business on Oct. 25 is scheduled to be appear before a Texas judge to enter a plea on a sexual assault charge,[...]
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October 10, 2023
Marketmind: Fed pivot begins to crystallize
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A slump in U.S. bond yields, after another Federal Reserve official signa[...]
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Boeing opens tech center in Brazil, touting alternative fuels link
By Gabriel Araujo SAO JOSE DOS CAMPOS, Brazil (Reuters) – Boeing on Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expe[...]
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Walmart expands online healthcare benefits for US employees
(Reuters) -Walmart said on Tuesday it will expand online primary care benefits as part of its employee health insurance plan to its workers in 28 U.S. states. The retailer employs more than 2 million[...]
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Birkenstock prices IPO at $46/share – WSJ
(Reuters) – The German premium footwear company Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, the Wall Street Journal reported on Tuesday. (Reporting by Mrinmay Dey[...]
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Peltz’s Trian up 3% this year even as Disney bet soured
By Svea Herbst-Bayliss NEW YORK (Reuters) – Nelson Peltz’s Trian Fund Management returned nearly 3% in the first nine months of the year, investors said on Tuesday, as his bet on Walt Disn[...]
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Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
By Dietrich Knauth (Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from what it must pay opioid crisis victims, cancels existing equity share[...]
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BMO promotes Alan Tannenbaum to head capital markets division
TORONTO (Reuters) – Bank of Montreal on Tuesday named Alan Tannenbaum as the new head of the bank’s capital market division, to replace outgoing CEO Dan Barclay, who is retiring in Novembe[...]
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Exclusive-IMF sees support for funding increase, wants deadline on shareholding changes
By David Lawder MARRAKECH, Morocco (Reuters) -The International Monetary Fund said on Tuesday that it is seeing “significant support” for a U.S.-backed increase in quota lending resources[...]
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