Elon Musk Drops Twitter Board Seat In New U-turn
By Abinaya V and Nivedita Balu (Reuters) -Tesla Inc Chief Executive Elon Musk disclosed on Monday he had abandoned a…
2022
Buffett Needed Two Weeks For $11.6 Billion Alleghany Purchase, Balked At Goldman Fee
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6…
Etsy sellers protest fees by halting their sales for a week
NEW YORK (AP) — Some vendors on Etsy say they are halting sales of their items on the site for…
Fed To Raise Rates Aggressively In Coming Months, Say Economists- Reuters Poll
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The Federal Reserve is expected to deliver two back-to-back half-point interest…
New York Pension Leaders Back Calls For Less Fossil Fuel Financing
By Ross Kerber (Reuters) -New York pension officials on Monday said they will support shareholder resolutions filed at major banks…
U.S. Yields Jump To 3-year Highs, Stocks Slide On CPI Outlook
By Herbert Lash NEW YORK (Reuters) – Global stock markets fell on Monday, pulled lower by technology shares in Europe…
OPEC Tells EU It’s Not Possible To Replace Potential Russian Oil Supply Loss
By Kate Abnett and Alex Lawler BRUSSELS/LONDON (Reuters) -OPEC told the European Union on Monday that current and future sanctions…
Wall Street Stumbles As Surging Treasury Yields Slam Growth Stocks
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply lower on Monday as investors started the holiday-shortened week…
Benettons, Blackstone To Launch Bid For Atlantia This Week – Sources
By Francesca Landini and Stephen Jewkes MILAN (Reuters) -The Benettons and U.S. investment fund Blackstone are aiming to launch a…
New Mechanisms Needed For Debt Stress As Poor Countries Hit By Surging Prices -IMF
By Andrea Shalal WASHINGTON (Reuters) – Sharply higher global food and energy prices due to the war in Ukraine are…