By David Shepardson (Reuters) -U.S. railroad Union Pacific interfered in a federal safety audit after employees were coached how to respond, prompting the federal rail agency to end the review, the ag[...]
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July 26, 2024
Starbucks’ ex-CEO Schultz opposes potential settlement with Elliott, FT reports
(Reuters) -Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times report[...]
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Keep global tax negotiations at OECD, not UN, Yellen says
By David Lawder RIO DE JANEIRO (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that she opposes shifting global tax deal negotiations away from the Organisation for Economic Cooperation[...]
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US inflation data lifts global stocks, lowers Treasury yields
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an impr[...]
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Treasury likely to keep most auction sizes steady for now
By Karen Brettell (Reuters) -The U.S. Treasury Department is likely to announce next week that it will keep most of its coupon-bearing U.S. Treasury auction sizes steady over the coming quarter, offer[...]
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Dollar treads water after tame US inflation report, yen rally stalls
By Alden Bentley NEW YORK (Reuters) -The dollar ended little changed on Friday, pressured by a fall in Treasury yields after a tame U.S. inflation report that investors said kept the runway for the ex[...]
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TSX adds to weekly winning streak in broad-based rally
By Fergal Smith (Reuters) -Canada’s main stock index notched broad-based gains on Friday to extend its weekly winning streak, as investors cheered U.S. inflation data that could clinch the start[...]
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Michigan state pension fund makes $6.6 million bitcoin ETF investment
By Suzanne McGee (Reuters) – The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares[...]
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Warner Bros Discovery sues NBA over bid for broadcast rights
By Dawn Chmielewski (Reuters) -Warner Bros Discovery and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National Basketball Association in New York over the lea[...]
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