By Lisa Baertlein LOS ANGELES (Reuters) – FedEx on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contrac[...]
Read moreJune 20, 2023
Raytheon gets $1.15 billion missile contract from US Air Force
(Reuters) -Raytheon Technologies said on Tuesday it has received a $1.15 billion contract from the U.S. Air Force for its AIM-120 D-3 and C-8 AMRAAM (Advanced Medium Range Air-to-Air Missiles). Defens[...]
Read moreBrazil watchdog offers plea deals to Americanas employees in fraud probe
SAO PAULO (Reuters) – The president of Brazil’s securities watchdog CVM on Tuesday urged employees from Americanas with information about the retailer’s alleged multi-billion-dollar[...]
Read moreSouth Korea ordered to pay Elliott about $109 million total over 2015 Samsung merger
By Joyce Lee SEOUL (Reuters) -The South Korean government has been ordered to pay hedge fund Elliott about $108.5 million, Elliott and the Ministry of Justice said on Tuesday, in an dispute settlement[...]
Read moreMarketmind: Markets lose steam, central banks not helping
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A deepening sense of caution descends over Asian markets as the trading w[...]
Read moreMicrosoft, Activision CEOs on witness list for hearing on FTC bid to block merger
By David Shepardson WASHINGTON (Reuters) – Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are among the witnesses planned for a five-day evidentiary hearing set to begin th[...]
Read moreFed nominees say their focus is on beating inflation
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Two Federal Reserve policymakers and an economist nominated to join them on the Fed’s Washington-based board on Tuesday said their[...]
Read moreVisa names EA’s Chris Suh as finance chief
(Reuters) -Visa has hired Chris Suh, the finance chief at Electronic Arts and a former executive at Microsoft, as its new CFO, the payments processor said on Tuesday. Suh is departing the videogame pu[...]
Read moreDomino’s unlikely to push drivers’ wage claims into arbitration – appeals court
By Daniel Wiessner (Reuters) – U.S. appeals court judges on Tuesday said a recent U.S. Supreme Court ruling involving Southwest Airlines baggage handlers does not support Domino’s Pizza LL[...]
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