By Nate Raymond and Daniel Wiessner (Reuters) – The U.S. National Labor Relations Board on Friday dropped its appeal of a judge’s ruling striking down a rule that would have treated many c[...]
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July 19, 2024
U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports
(Reuters) -The U.S. Federal Trade Commission is probing executives from major oil firms, including Hess Corp, Occidental and Diamondback Energy over their communications with OPEC officials, Bloomberg[...]
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Fed faces wave of data before deciding on end-of-summer rate cut
By Howard Schneider WASHINGTON (Reuters) – Investors have locked onto the U.S. central bank’s Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powe[...]
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Stocks fall as global cyber outage weighs; dollar, yields rise
By Isla Binnie and Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes fell on Friday as a global cyber outage rattled investors by disrupting operations across multiple industries, while th[...]
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Activist investor Elliott builds sizeable stake in Starbucks, say sources
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management has built a sizable position in Starbucks and has been discussing ways of improving the coffee chain’s stock per[...]
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Traders eye return to business as usual after cyber outage, issues remain
LONDON/NEW YORK (Reuters) -Trading returned to normal on Friday after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual p[...]
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Oracle CEO Safra Catz to depart Walt Disney board
(Reuters) – Walt Disney said on Friday that Oracle chief executive Safra Catz is departing the entertainment company’s board after six years. Catz was elected to Disney’s board in 20[...]
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American Airlines flight attendants reach new contract deal
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ 28,000 flight attendants have reached a tentative labor agreement with the company, their union said on Friday. The Association of Pro[...]
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FedEx operations back online after disruptions due to global IT outage
(Reuters) -FedEx Corp said that its network was now operating across the globe after it faced substantial disruptions due to a worldwide IT outage experienced by a third party software vendor on Frida[...]
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