By Paritosh Bansal (Reuters) -Treasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability.[...]
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October 30, 2023
Blackstone enters Indian healthcare services with Care Hospitals buy
By M. Sriram BENGALURU (Reuters) – Blackstone said on Monday it will buy a majority stake in India’s Care Hospitals from a fund belonging to asset management firm TPG, marking the U.S.-bas[...]
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Broadcom expects $69 billion VMware deal to close before November deadline
(Reuters) – U.S. chipmaker Broadcom expects its $69 billion buyout of cloud-computing firm VMware to close before the November deadline, the companies said on Monday, amid investor concerns abou[...]
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Ford to add more Tesla EV chargers to its network
(Reuters) -Ford Motor said on Monday it would add more of Tesla’s Superchargers to its electric-vehicle charging network, higher than previously forecast, as automakers tap into the EV leader[...]
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Carlyle to explore sale of men’s grooming brand Every Man Jack -sources
By Abigail Summerville NEW YORK (Reuters) – Carlyle Group is preparing to explore a sale of Every Man Jack, a men’s personal-care company that could be worth around $400 million, according[...]
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Chevron-Hess deal may lift Bakken oil output, but no return to boom days
By Stephanie Kelly NEW YORK (Reuters) – Chevron’s deal announced last week to buy Hess, one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there[...]
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Western Digital to split flash memory business after Kioxia merger talks stall
By Samrhitha A and Aditya Soni (Reuters) -Western Digital said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the unit with Jap[...]
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McDonald’s gets lift from diners turning to cheaper menu, new launches
By Deborah Mary Sophia (Reuters) -McDonald’s beat Wall Street estimates for quarterly results on Monday, powered by new launches, promotions and demand for its more affordable burgers and fries[...]
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UAW’s record deal could boost others’ wages as labor notches another victory
By Bianca Flowers and Lisa Baertlein (Reuters) – The tentative agreements reached between the United Auto Workers and the Detroit Three automakers mark another major victory for labor unions tha[...]
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