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STORY_NUMBER: L1N2UF04D STORY_DATE: 20/02/2022 STORY_TIME: 2300 GMT (Editor Neil Fullick)
February 20, 2022
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Investor pushes McDonald’s to change the way it buys pork
CHICAGO (AP) — An activist investor is trying to make McDonald’s change the way it buys pork for its bacon cheeseburgers and sausage patties. Investor Carl Icahn has nominated two new candidates for McDonald’s board of directors, the fast food chain confirmed Sunday. The issue Icahn wants to change is that some of McDonald’s pork…
Icahn Nominates Two Members To McDonald’s Board To Challenge Pig Policy
(Reuters) -McDonald’s Corp on Sunday said Carl Icahn has nominated two members to its board of directors in an escalating fight over the treatment of pigs by the burger chain’s suppliers. The billionaire activist investor, who stated that he holds 200 shares in the company, nominated Leslie Samuelrich and Maisie Ganzler to stand for election…
Billionaire Investor Icahn Nominates Two Members To McDonald’s Board
(Reuters) -McDonald’s Corp on Sunday said Carl Icahn has nominated two members to the board of the burger chain. The billionaire activist investor, who stated that he holds 200 shares in the company, nominated Leslie Samuelrich and Maisie Ganzler to stand for election at the 2022 annual meeting, the company said in a statement, adding…
McDonald’s Says Carl Icahn Nominates Two Members To Board
(Reuters) – McDonald’s Corp said on Sunday Carl Icahn has nominated two members to the board of the burger chain. The activist investor nominated Leslie Samuelrich and Maisie Ganzler to stand for election at the 2022 annual meeting, the company said in a statement. (Reporting by Anirudh Saligrama in Bengaluru; Editing by Lisa Shumaker)
Leak gives details on over 30,000 Credit Suisse bank clients
BERLIN (AP) — A German newspaper and other media on Sunday said a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligence in checks on many customers. Credit Suisse said in…
Credit Suisse Denies Wrongdoing After Client Data Leaked To Media
VIENNA (Reuters) – Credit Suisse said on Sunday it “strongly rejects” allegations of wrongdoing after dozens of media published results of coordinated, Panama Papers-style investigations into a leak of data on thousands of accounts held there in previous decades. One person leaked the information on the accounts ranging from the 1940s to the 2010s to…
Telecom Italia Dismisses Press Report On New Plan’s Targets
MILAN (Reuters) – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in a plan new Chief Executive Pietro Labriola is working on. A report in daily Il Messaggero said Labriola would set very conservative targets, pointing to a decline in revenues…
Rents reach ‘insane’ levels across US with no end in sight
Krystal Guerra’s Miami apartment has a tiny kitchen, cracked tiles, warped cabinets, no dishwasher and hardly any storage space. But Guerra was fine with the apartment’s shortcomings. It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there for a few more years as…
Surging Oil Prices Add Another Worry For Frazzled Investors
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices. U.S. crude prices stand at around $91 a barrel after surging some 40% since Dec. 1 and earlier this week touched their highest…