Spirit tells shareholders to reject hostile bid from JetBlue
Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it went hostile…
May 19, 2022
Grab Says Worst Of Pandemic Over, Forecasts Rebound In Business
By Nivedita Balu (Reuters) -Grab Holdings Ltd, Southeast Asia’s No. 1 ride-hailing and food delivery firm, on Thursday forecast a…
More Americans apply for jobless benefits last week
WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits…
McDonald’s To Sell Russia Business To Current Licensee
(Reuters) – McDonald’s Corp said on Thursday it has agreed to sell its Russian business to current licensee Alexander Govor,…
Canada Goose Forecasts Strong Year On Resilient Luxury Demand
(Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit…
Kohl’s Becomes Latest Retailer To Warn Of Inflation Eating Into Profits
(Reuters) – Kohl’s Corp cut its full-year earnings forecast on Thursday, joining some of America’s biggest retailers in warning that…
Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
By David Shepardson WASHINGTON (Reuters) -Ford Motor Company said Thursday https://media.ford.com/content/fordmedia/fna/us/en/news/2022/05/19/ford-motor-company-recalls-expedition-navigator.html it was recalling 39,000 SUVs after reports of 16…
Indonesia MPs Seek Review Of Palm Oil Export Ban As Industry Warns On Storage
By Bernadette Christina and Fransiska Nangoy JAKARTA (Reuters) – Indonesian lawmakers on Thursday requested the government review a ban on…
Russia’s Economy Will Shrink By No More Than 5% In 2022 -Kremlin Aide
(Reuters) – Russia’s economy will contract by no more than 5% in 2022, presidential adviser Maxim Oreshkin said on Thursday,…
Inflation, Russia-Ukraine war draw G7 finance leaders’ focus
KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and…