AIG Unit Corebridge Valued At Over $13 Billion After Shares Fall In NYSE Debut
By Niket Nishant (Reuters) -Shares of Corebridge Financial Inc opened 2% below the IPO price in their New York Stock…
September 2022
Rail Stocks Rise As Tentative Deal With Workers Averts Shutdown
By Medha Singh and Bansari Mayur Kamdar (Reuters) – Shares of Union Pacific Corp and Norfolk Southern rose on Thursday…
Microsoft’s $69B Activision deal faces in-depth UK inquiry
LONDON (AP) — Microsoft’s $69 billion deal to buy video game company Activision Blizzard faces an in-depth antitrust investigation in…
Zoom Says ‘investigating Issues’ After Thousands Of Users Report Problems
(Reuters) – Zoom Video Communications Inc said on Thursday it was “investigating issues” after more than 40,000 users reported problems…
Patagonia founder gives company away to environmental trusts
Outdoor gear company Patagonia says “the earth is now our only shareholder” after transferring the company’s ownership from founder Yvon…
Service sector remains strong despite inflation’s grip
NEW YORK (AP) — The largest part of the U.S. economy is holding up against the hottest inflation in four…
Adobe buying Figma in $20B cash-and-stock deal
Software company Adobe is buying online design company Figma in an approximately $20 billion cash-and-stock deal. Figma, founded in 2012,…
Brent Crude Falls 3% On Demand Concerns, Strong Dollar
By Alex Lawler LONDON (Reuters) -Brent crude oil fell 3% on Thursday as expectations of weaker demand and a strong…
Amtrak works to restore routes after rail labor accord
Amtrak on Thursday worked to accommodate travelers whose plans were disrupted this week ahead of a tentative railway labor agreement….
Retail sales up 0.3% in Aug. from July amid inflation
NEW YORK (AP) — Americans picked up their spending a bit in August from July even as surging inflation on…