By Jessica DiNapoli NEW YORK (Reuters) -Americans relying on government benefits to buy food and other essentials are slashing spending, prompting food makers like Kraft-Heinz and Conagra Brands to ov[...]
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April 8, 2024
Analysis-If you can’t beat ’em? European politicians embrace TikTok despite security fears
By Andreas Rinke, Matthias Williams BERLIN/LONDON (Reuters) -When Simon Harris became Ireland’s prime minister-in-waiting in March, he turned to a favoured platform to express himself: TikTok. [...]
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Global PC market returns to growth in first quarter after two-year decline, IDC says
(Reuters) – Global shipments of personal computers returned to growth in the first quarter after two years of decline, according to preliminary results from market research firm International Da[...]
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Spirit Airlines to defer aircraft deliveries, furlough pilots to boost cash
By Deborah Mary Sophia and Rajesh Kumar Singh (Reuters) -Spirit Airlines said on Monday it has reached a deal with Airbus to delay all aircraft deliveries scheduled from the second quarter of 2025 thr[...]
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‘Top Gun: Maverick’ lawsuit against Paramount rejected by US judge
By Jonathan Stempel (Reuters) -Paramount Pictures has won the dismissal of a lawsuit claiming its 2022 Tom Cruise blockbuster “Top Gun: Maverick” borrowed too much from a 1983 magazine art[...]
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Retailer 99 Cents Only files for bankruptcy, plans to shut down
By Dietrich Knauth NEW YORK (Reuters) – Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Delaware on Sunday, saying that it intended to close all of its 371 stores in[...]
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Brazil judge opens inquiry into Musk for obstruction involving social media company X
BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction of justice involving social media company X, according to a co[...]
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Bain Capital to sell $429 million stake in India’s Axis Bank, term sheet shows
By M. Sriram MUMBAI (Reuters) -Bain Capital plans to sell stake worth $429 million in Indian private lender Axis Bank on Tuesday, according to a term sheet seen by Reuters. The private equity firm, wh[...]
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UBS JV to acquire Credit Suisse Japan wealth management business
ZURICH (Reuters) – UBS said on Monday its Japanese wealth management joint venture with SuMi TRUST Wealth Management Co, will acquire Credit Suisse’s wealth management business in Japan fo[...]
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