Activist investor Elliott seeks ouster of NRG CEO – WSJ
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez,…
Business
US lawmakers urge FTC to finalize new consumer protections for car buyers
By David Shepardson WASHINGTON (Reuters) -A group of 17 Democratic U.S. lawmakers on Wednesday urged the Federal Trade Commission to…
US Senate panel invites PGA Tour commissioner, LIV CEO to testify on merger
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia’s…
Wall Street extends sell-off as Powell hints at further rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional…
Alaska Airlines CEO ‘anxious’ for Boeing 737 MAX 10 deliveries
By David Shepardson WASHINGTON (Reuters) -Alaska Airlines is “anxious” to begin taking deliveries of the larger Boeing 737 MAX 10…
Bitcoin eyes third straight day of gains after touching two-month high
(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan…
Bankrupt SVB Financial still exploring options for venture capital arm
(Reuters) -Bankrupt SVB Financial Group said on Wednesday it is continuing to evaluate strategic alternatives for SVB Capital, its venture…
Fenwick law firm hires Gibson Dunn to defend work for bankrupt FTX exchange
By Andrew Goudsward (Reuters) – Law firm Fenwick & West has hired its own outside legal team as it faces…
Ex-Goldman banker convicted of insider trading
By Jody Godoy (Reuters) – A former Goldman Sachs banker was convicted of insider trading by a New York jury…
Marketmind: Hawkish Powell keeps markets on defense
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor…