Paramount to sell Simon & Schuster to KKR for $1.62 billion
By Samrhitha A and Dawn Chmielewski (Reuters) -Paramount Global said it would sell Simon & Schuster to private-equity firm KKR…
August 2023
More big corporate settlements coming, says departing U.S. Justice Dept official
By Sarah N. Lynch WASHINGTON (Reuters) – As Kenneth Polite steps down this month as the head of the U.S….
Top US official traveled to Niger and held ‘difficult’ talks with junta officials
By Daphne Psaledakis, Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) – U.S. State Department’s acting No. 2 traveled to Niger…
Chief of Texas’ largest county takes medical leave for depression
HOUSTON (Reuters) – Lina Hidalgo, chief executive of the third-largest U.S. county and the largest one in Texas, has checked…
Airlines seek extension to cuts in minimum flight requirements at New York-area airports
By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum…
Palantir raises revenue target on AI boost, announces share buyback
By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…
Beyond Meat cuts annual revenue forecast as faux meat demand dips
By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
Marketmind: Awaiting another China exports slump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Oil prices drop 1% on fears of weaker demand
By Erwin Seba HOUSTON (Reuters) -Oil prices settled down 1% on Monday, after six straight weekly gains, as investors braced…
AI mania, financials and energy stocks boost hedge fund gains
NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology,…