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Kohl’s snub of big sale-leaseback sets up new clash with hedge funds

BY Reuters  • November 22, 2022November 22, 2022
(Corrects second-quarter percentage drop in net sales to 8.5%) By Abigail Summerville and Svea Herbst-Bayliss (Reuters) – Kohl’s Corp’s reluctance to sell much of its real estate and[...]
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Business Economy Top News Updated US

Italy’s Meloni hails “courageous” budget, opposition plans protests

BY Reuters  • November 22, 2022November 22, 2022
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italian Prime Minister Giorgia Meloni presented her government’s first budget on Tuesday, calling it a “courageous” package even as[...]
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Live Nation, Ticketmaster may need breakup, some senators say

BY Reuters  • November 22, 2022November 22, 2022
WASHINGTON (Reuters) – Ticketmaster and owner Live Nation Entertainment, the events ticketing giant behind the recently botched sale of Taylor Swift concert tickets, should be broken up by the D[...]
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Business Top News Updated US

‘Toxic Twitter’ activists ramp up pressure on brands after Trump account reinstated

BY Reuters  • November 22, 2022November 22, 2022
By Sheila Dang (Reuters) – A coalition of civil rights activists on Monday were urging Twitter’s advertisers to issue statements about pulling their ads off the social media platform after[...]
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Business Economy Politics Technology Top News Updated US

Analysis-China’s great reopening may come too late for many businesses

BY Reuters  • November 22, 2022November 22, 2022
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions. B[...]
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Asia Business Economy Entertainment and Lifestyle Health Top News Updated

Analysis-Global financial system needs mosaic of reforms to fund climate needs

BY Reuters  • November 21, 2022November 21, 2022
By Simon Jessop and Valerie Volcovici SHARM EL-SHEIKH, Egypt (Reuters) – A deal struck at the COP27 climate talks in Egypt calls for an overhaul of the post-World War Two international financial[...]
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Business Economy Environment Top News

Tesla safety at centre of South Korean trial over fiery, fatal crash

BY Reuters  • November 21, 2022November 21, 2022
By Ju-min Park SEOUL (Reuters) – In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer – a close[...]
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Asia Business Economy Entertainment and Lifestyle Environment Politics Technology Top News Updated US

U.S. Supreme Court rebuffs RBS ex-banker’s whistleblower award bid

BY Reuters  • November 21, 2022November 21, 2022
By Andrew Chung (Reuters) -The Supreme Court on Monday declined to hear former Royal Bank of Scotland managing director Victor Hong’s bid to collect a U.S. government whistleblower award of at l[...]
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Business Economy Europe Politics Top News UK Updated US

U.S. Supreme Court spurns challenge to Seattle’s hotel worker insurance mandate

BY Reuters  • November 21, 2022November 21, 2022
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday turned away a challenge to a 2018 Seattle law requiring hotels to pay for health insurance for low-wage workers pursued by a business gro[...]
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