Soccer-Boehly-led Consortium Wins Bid To Take Over Chelsea
(Reuters) -A consortium led by LA Dodgers part-owner Todd Boehly and backed by Clearlake Capital has won the bid to…
May 2022
Starbucks Asks White House For Equal Time After Biden Met With Union Leaders
By Hilary Russ and David Shepardson NEW YORK/WASHINGTON (Reuters) -Starbucks Corp has asked for a meeting with U.S. President Joe…
Musk Aims To Quintuple Twitter’s Revenue To $26.4 Billion By 2028 -NYT
(Reuters) – Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion…
Fed Hawks Waller, Bullard Push Back On ‘behind The Curve’ View
(Reuters) – Two of the Federal Reserve’s most outspoken policy hawks on Friday pushed back on the view that the…
Wall Street Ends Down On Fears Inflation Will Force Tougher Fed Tightening
By Echo Wang (Reuters) – Wall Street’s main indexes extended losses on Friday as investors worried that the Federal Reserve…
Macro Hedge Funds Lead Industry Gains In April
NEW YORK (Reuters) – Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to…
Illumina Ordered To Pay BGI Subsidiary $333 Million In DNA-sequencing Patent Case
By Blake Brittain (Reuters) -A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to a…
Tesla covers travel costs for workers seeking abortions
Tesla is covering travel costs for employees seeking out-of-state abortions, joining the ranks of major companies who’ve introduced a similar…
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose nearly 1.5% on Friday, posting a second straight weekly increase as impending…
Illumina Ordered To Pay Chinese Company $333 Million In Gene-sequencing Patent Case
By Blake Brittain (Reuters) – A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to…