May 13, 2022
Ford Sells Shares In EV Maker Rivian For $188.2 Million
(Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or…
Aircraft Lessor SMBC Aviation Nears $7 Billion Deal For Rival Goshawk, Sources Say
By Anirban Sen and David French (Reuters) – SMBC Aviation Capital, one of the world’s biggest aircraft lessors, is nearing…
Golden Globes Organizer Mulls Bid From Interim CEO Boehly
(Reuters) – The organizer of the Golden Globe awards is exploring strategic options including a takeover offer from interim Chief…
Crypto World Stabilizes After Rocky Week Shakes Stablecoins
By Alun John, Elizabeth Howcroft and Gertrude Chavez-Dreyfuss HONG KONG/LONDON/NEW YORK (Reuters) -Cryptocurrencies steadied on Friday, with bitcoin recovering from…
Airlines Press U.S. To Lift Pre-departure Testing Requirements
By David Shepardson WASHINGTON (Reuters) – U.S. airlines are pressing the Biden administration to lift a 16-month-old rule requiring nearly…
Exclusive-Maker Of Walmart, Amazon Store-brand Baby Formulas Sees Shortages Through Rest Of 2022
By Jessica DiNapoli NEW YORK (Reuters) -Perrigo Company PLC, which makes store-brand baby formulas for retailers, including Walmart Inc and…
Credit Suisse Says Its Chairman ‘clearly Endorsed’ CEO Gottstein
By Carolina Mandl SAO PAULO (Reuters) – Credit Suisse Group AG said on Friday in a statement its chairman Axel…
Judge OKs $16 Million Fine Against Kraft, Mondelez To Settle CFTC Complaint, Agency Says
(Reuters) – A federal judge on Friday ordered food consumer companies Kraft Heinz and Mondelez International pay a $16 million…
Exclusive-Maker Of Walmart, Amazon Store-brand Infant Formulas Expects Shortages Through Rest Of 2022
By Jessica DiNapoli NEW YORK (Reuters) -Perrigo Company PLC, which makes store-brand baby formulas for retailers including Walmart Inc and…
Analysis-Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) – Big Oil has enjoyed an easier ride at shareholder meetings so…