By Jessica DiNapoli NEW YORK (Reuters) -Oreo cookie-maker Mondelez put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters tha[...]
Read more
February 17, 2024
Western Australia offers royalty relief to struggling nickel producers
SYDNEY (Reuters) – Western Australia said on Saturday it would offer royalty relief to nickel producers in a bid to buoy the struggling industry, a day after the metal was classified as a[...]
Read more
EV startup Fisker receives non-compliance notice from NYSE
(Reuters) -Electric vehicle startup Fisker said on Friday it had received a non-compliance notice from the New York Stock Exchange as its stock had closed below $1 on average for 30 consecutive tradin[...]
Read more
Activist investor Carl Icahn secures JetBlue board seats
By Rajesh Kumar Singh and Kannaki Deka (Reuters) – JetBlue Airways has agreed to appoint two members from activist investor Carl Icahn’s firm to its board, avoiding a proxy fight. The 88-y[...]
Read more
US considering more than $10 billion in subsidies for Intel -Bloomberg News
(Reuters) -The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. Negotiations are u[...]
Read more
Wall Street slides as hot producer price data crimps rate cut bets
By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest decline after a hotter-than-expected producer prices report eroded hopes[...]
Read more