New Zealand’s Fonterra Appoints Neil Beaumont As CFO
(Reuters) – New Zealand’s Fonterra said on Wednesday it has appointed Neil Beaumont as its chief financial officer, replacing Marc…
November 8, 2022
Crypto Exchange Binance Plans To Acquire Major Rival FTX
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) -Binance, the world’s largest cryptocurrency exchange, has signed a nonbinding agreement to…
Crypto exchange Binance to buy rival FTX in apparent bailout
NEW YORK (AP) — The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest…
EU’s Call of Duty: Probe Microsoft-Activision Blizzard deal
BRUSSELS (AP) — The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard,…
Consumers Turn To Credit Cards, Loans As Costs Soar – Report
(Reuters) – More consumers opted for credit cards and unsecured loans in the third-quarter from a year earlier amid decades-high…
Germany may block sale of chip factory to Chinese-owned firm
BERLIN (AP) — The German government may decide this week to block the sale of a chip factory to a…
Kohl’s CEO steps down to take president role at Levi Strauss
NEW YORK (AP) — Michelle Gass, CEO of department store chain Kohl’s, is stepping down from her role early next…
Adidas appoints boss of rival Puma as CEO after Ye fallout
BERLIN (AP) — Adidas has appointed Bjørn Gulden, the CEO of rival Puma, as its new chief executive, and he…
Bid for new trial fails, Elizabeth Holmes awaits sentencing
SAN JOSE, Calif. (AP) — A federal judge rejected a bid for a new trial for disgraced Theranos CEO Elizabeth…
Diamondback Energy Sees U.S. Shale Oil Gains Slowing, Costs Rising
By Liz Hampton (Reuters) – Oil producer Diamondback Energy said the U.S. shale industry will struggle to continue to expand…