Boeing’s Defense Head To Retire, Global Services Head To Take Over
(Reuters) -Boeing Co said on Monday the head of its big defense division, Leanne Caret, will retire after nearly 35…
March 28, 2022
FedEx Names Raj Subramaniam As CEO, Replacing Founder Fred Smith
By Lisa Baertlein (Reuters) – FedEx Corp on Monday named its operating chief, Raj Subramaniam, as the new chief executive…
U.S. Insurer AIG’s Life And Retirement Unit Files For IPO
(Reuters) -The holding company of U.S. insurer American International Group Inc’s life and retirement business, SAFG Retirement Services Inc, filed…
Biden Budget Plan Seeks To Add Corporate Buyback Restrictions
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. corporate stock buybacks are being targeted in U.S. President Joe Biden’s 2023 budget…
Tesla Adds To Wave Of Megacap Stock Splits
By Noel Randewich (Reuters) – Tesla’s announcement on Monday that it will seek shareholder approval to increase its share count…
Barclays Faces $590 Million Hit, Scrutiny Over Sales Slip-up
By Iain Withers and Saqib Iqbal Ahmed LONDON/NEW YORK (Reuters) -British bank Barclays faces an estimated 450 million pound ($592…
Dollar Hits 6-year High Vs Yen As BOJ Moves Against Rising Bond Yields
By John McCrank NEW YORK (Reuters) -The dollar hit a six-year high versus the yen after the Bank of Japan…
U.S. Auto Sales Slump As Less Affluent Buyers Walk Away
By Kannaki Deka and Joseph White (Reuters) -U.S. new vehicle sales could fall to the lowest first-quarter volume in the…
U.S. Treasury Proposes New Plan To Enforce 15% Global Minimum Corporate Tax
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury on Monday proposed a new mechanism to comply with and enforce a…
Bayer Shareholder Union Investment Says CEO Should Stay On
FRANKFURT (Reuters) – Bayer shareholder Union Investment on Monday came out in support of the drugmaker’s chief executive serving out…