Forbes Explores Sale, Hires Citigroup As Banker
(Reuters) -Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the…
August 2, 2022
Forbes Said To Explore Sale – NYT
(Reuters) – Media firm Forbes is exploring a sale of its business at a price of at least $630 million,…
Ferrari earnings up 22% on surging deliveries to Americas
MILAN (AP) — Luxury Italian automaker Ferrari raised its 2022 forecast Tuesday after reporting a 22% increase in second-quarter earnings…
JetBlue posts Q2 loss as fuel costs offset rising revenue
NEW YORK (AP) — JetBlue Airways lost $188 million in the second quarter, as fuel costs nearly tripled and wiped…
Horror Author Stephen King Says Writers Hurt By Book Publishing Mergers
By Diane Bartz WASHINGTON (Reuters) -Horror author Stephen King said writers will have fewer places to shop their books if…
Mexico Anti-inflation Subsidies Come With $28 Billion Price Tag
MEXICO CITY (Reuters) – Subsidies from the Mexican government to combat rising inflation in the country have cost some 575…
British Airways pauses short-haul flight sales from Heathrow
LONDON (AP) — British Airways said Tuesday that it’s suspending sales of short-haul flights from London’s Heathrow Airport, a response…
U.S. job openings slid to 10.7 million in June
WASHINGTON (AP) — American employers posted fewer job openings in June as the economy contends with raging inflation and rising…
Saudi Arabia Sets Up Investment Promotion Agency
DUBAI (Reuters) – Saudi Arabia has set up an agency to promote investment in the country, a key goal of…
Italy’s Communication Authority Fines Google Over Gambling Advertising
MILAN (Reuters) – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet,…