By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a special shareholder meeting where they can vote on new director candidates who would ultimately steer company strategy. In calling for the meeting, Elliott is taking a highly unusual step but one it has telegraphed for…
By Michael S. Derby (Reuters) – U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms into sight. “As of right now, it appears likely that further modest reductions in our policy rate will be appropriate in…
Three Stocks Reporting Earnings This Week: What Investors Should Watch This week, three major companies are poised to release their third-quarter earnings: Netflix (NFLX), Bank of America (BAC), and Johnson & Johnson (JNJ). Each company, representing different sectors—technology, finance, and healthcare—is under market scrutiny for how they’ve weathered recent macroeconomic turbulence. In this editorial, we’ll…
By Luc Cohen (Reuters) – Republicans are suing in three crucial battleground states to try to stop what they call illegal overseas voting, even as their presidential candidate Donald Trump courts Americans living abroad in his race against Democratic Vice President Kamala Harris. The cases come as Republicans have launched an aggressive legal campaign nationwide…
By Esther Chan, Hardik Vyas, Lydia Morrish -The aftermath of Hurricane Milton has left a trail of misinformation surrounding relief efforts in hard-hit Florida, including conspiracy theories about officials controlling the weather. The storm’s devastation was not as severe as initially feared in Florida, one of the many states that were battered by Hurricane Helene…
By Supantha Mukherjee STOCKHOLM (Reuters) – Meta Platforms Inc said on Friday it had removed a network of group accounts targeting Russian-speakers in Moldova, ahead of the country’s Oct. 20 election, for violation of the company’s policy on fake accounts. Moldova, with a population of about 2.5 million people, is located between Romania and Ukraine,…
By Daniel Wiessner (Reuters) – Apple has been accused by a U.S. labor board of interfering with workers’ rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the National Labor Relations Board said on Friday. The NLRB complaint, which was issued on Thursday, accuses…
Three Stocks That Could Rise Amid Geopolitical Instability and Energy Shifts As the world faces an unprecedented confluence of geopolitical crises, economic volatility, and the growing need for energy security, several stocks that have been flying under the radar may be positioned to rise significantly in this uncertain environment. Whether it’s the ongoing conflict between…
(Reuters) – Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets, as it looks to compete with OpenAI’s ChatGPT. Technology companies have been trying to attract consumers to their AI chatbots by introducing new features and making them more accessible with support for different languages. Meta…
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) -Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could boost some insurance companies’ shares, analysts said on Wednesday. The Category 5 hurricane is expected to make landfall on the Gulf Coast…
