By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management and Southwest Airlines will meet early next month for the first time to discuss potential changes at the airline, both companie[...]
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US lenders lose court battle over CFPB rule to collect small business data
By Nate Raymond (Reuters) -A federal judge on Monday rejected a banking industry-backed challenge to a rule adopted by the U.S. Consumer Financial Protection Bureau that requires lenders to gather dem[...]
Read moreChipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally refused to give raises to workers at a Michigan rest[...]
Read moreMeta Platforms strikes geothermal energy deal to power US data centers
-Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to supply its U.S. data centers, it said on Monday, as it races to build out the infrastructure to support its[...]
Read moreIcahn Enterprises shares plunge to 20-year low after $400 million unit sale plan
(Reuters) -Shares of billionaire investor Carl Icahn’s Icahn Enterprises closed at a more than 20-year low on Monday after the firm said it will sell up to $400 million depository units through[...]
Read moreStocks edge lower, oil jumps on supply concerns over Mideast, Libya
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as investors digested the likelihood of U.S. interest rates being lowered soon, even as oil[...]
Read moreSafe-haven yen, US dollar rally on escalating Middle East tension
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose against most currencies, as geopolitical tension in the Middle East intens[...]
Read moreTelegram CEO arrested over probe into child porn, drug trafficking on app
By Layli Foroudi and Tassilo Hummel PARIS (Reuters) -Pavel Durov, the Russian-born founder of messaging app Telegram, was arrested in France as part of an investigation into crimes related to child po[...]
Read moreBank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
NEW YORK (Reuters) -The Bank of New York Mellon has agreed to pay $5 million to settle U.S. Commodity Futures Trading Commission charges for repeatedly failing to correctly report millions of swap tra[...]
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