(Reuters) – Salesforce appointed Wachtell, Lipton’s Sabastian Niles as its chief legal officer on Monday, months after the leading activist lawyer helped defend the business software provi[...]
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Business
In the Market: Small Treasury brokers seek reforms as ranks thin
By Paritosh Bansal (Reuters) -At $25 trillion, the U.S. Treasury market is massive. And yet, small independent broker-dealers say they are running out of room to operate there. Over the past decade, a[...]
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Plaintiffs ask US Supreme Court to temporarily halt Microsoft, Activision merger
By John Kruzel WASHINGTON (Reuters) – A group of individual plaintiffs on Monday asked the U.S. Supreme Court to temporarily halt Microsoft’s $69 billion acquisition of Activision Blizzard[...]
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World economy in a difficult place but not destined to stay there – World Bank chief
GANDHINAGAR, India (Reuters) – The world economy is in a difficult place but it is not destined to stay there, World Bank President Ajay Banga said on Monday. The World Bank last month cut its 2[...]
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Ford slashes prices of F-150 Lightning trucks as EV wars heat up
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims[...]
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US bank mergers frozen by capital rules, regulatory uncertainty
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – U.S. banks will probably hold off on striking deals until the end of next year at the earliest as they await clarity on new rules on capit[...]
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US stocks rise on earnings outlook, global shares dip on China data
By Herbert Lash NEW YORK (Reuters) -U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Ch[...]
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Marriott enters licensing deal with MGM to boost presence in Las Vegas strip
By Doyinsola Oladipo (Reuters) -Marriott International said on Monday it entered a 20-year licensing agreement that will allow its loyalty members to earn and redeem existing points for booking stays[...]
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Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON (Reuters) – Since the Federal Reserve decided to keep interest rates on hold at its June 13-14 policy meeting, U.S. central bank officials have given every indicat[...]
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