Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt
(Reuters) -Amazon.com has slashed the price it will pay for iRobot by about 15% to around $1.42 billion after the…
July 25, 2023
RV industry steers through post-pandemic US slump
By Timothy Aeppel (Reuters) – The U.S. economy may ultimately skirt a recession, but it’s felt like one for months…
US oil M&A jumps as private equity unloads shale assets
By Gary McWilliams HOUSTON (Reuters) – U.S. oil and gas deals rebounded in the second quarter as private equity firms…
Bank of England forecasts 150 billion pound loss from QE gilt programme
By David Milliken LONDON (Reuters) – The Bank of England forecast on Tuesday that it would make a net loss…
Goodyear Tire to expand board in settlement with Elliott
(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after…
UPS and Teamsters to restart talks in effort to avoid strike
LOS ANGELES (Reuters) – United Parcel Service (UPS) and the Teamsters union representing 340,000 employees at the package delivery firm…
GM does a U-turn to save the Chevy Bolt
By Paul Lienert and Joseph White (Reuters) – General Motors CEO Mary Barra has staked billions on a broad lineup…
IMF cuts Saudi Arabia’s 2023 GDP growth forecast to 1.9%
DUBAI (Reuters) -The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9% in its latest…
NBA-Celtics and Brown agree to richest deal in NBA history, reports
(Reuters) – Jaylen Brown has agreed to a five-year $304 million supermax contract extension with the Boston Celtics that will…
Dow second-quarter results beat estimates on lower costs
By Sourasis Bose (Reuters) – Chemicals maker Dow on Tuesday beat profit and sales estimates for the second quarter as…