(Reuters) – Apparel retailer Express is preparing for debt restructuring and a possible bankruptcy within weeks, the Wall Street Journal reported on Monday, citing people with knowledge of the m[...]
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February 12, 2024
Brazilian airline Gol probes rival’s effort to poach aircraft
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt Brazilian airline Gol on Monday received a U.S. court’s permission to probe rival LATAM Airlines’ alleged effort to poach Gol’s[...]
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Marketmind: Yen nears 150 per dollar crossroads
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Most of Asia is open on Tuesday although activity and trading volumes will be lighter than usual due to the Lunar New Year[...]
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US dollar rises, in consolidation mode, ahead of inflation data
By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) -The dollar rose modestly against major currencies on Monday, as investors braced for data on U.S. inflation and retail sales this week[...]
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Real estate pain for US regional banks is piling up, say investors
(Adds graphic) By Carolina Mandl, Matt Tracy and Saeed Azhar NEW YORK/WASHINGTON (Reuters) -New York Community Bancorp’s exposure to commercial real estate has intensified investor scrutiny arou[...]
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Tod’s rises 18.3% on L Catterton bids to help owner’s delisting plan
MILAN (Reuters) – Shares in Tod’s rose 18.37% on Monday, after private equity firm L Catterton offered to buy 36% of the luxury shoemaker and take it private, in agreement with the Della V[...]
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AI frenzy puts Nvidia briefly ahead of Amazon in market value
(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable U.S. company.[...]
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Build-A-Bear, maker of Warren Buffett’s Squishmallows face off in court
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the popular Squishmallows plush toys, sued Build-A-Bear Worksho[...]
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NY Fed survey finds stability in January inflation expectations
By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen before the coron[...]
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