Exclusive-Francisco Partners, TPG end talks to buy New Relic -sources
By Anirban Sen and Milana Vinn NEW YORK (Reuters) – Private equity firms Francisco Partners and TPG Inc have ended…
Business
Ford, Tesla shares jump over 7% on Superchargers deal
By Shivansh Tiwary and David Shepardson (Reuters) -Ford Motor Co shares jumped by more than 7% on Friday after the…
Cummins engine filter unit valued at $1.8 billion in strong market debut
By Jaiveer Shekhawat and Echo Wang (Reuters) -Atmus Filtration Technologies Inc, the filtration business of U.S. diesel engine maker Cummins…
Canada’s 2022-23 fiscal year budget deficit shrinks to C$41.31 billion
OTTAWA, May 26 (Reuters) – Canada’s budget deficit in fiscal 2022/23 shrank to C$41.31 billion ($30.89 billion) from C$95.57 billion…
Fed ‘pause’ on rate hikes in doubt after strong US data
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers got a dose of unexpectedly strong U.S. economic data…
US judge rejects challenges to Apple’s $50 million keyboard settlement
By Mike Scarcella (Reuters) – A U.S. judge on Thursday approved Apple Inc’s $50 million class-action settlement resolving consumer claims…
Glass Lewis recommends investors vote against Toyota chairman
By Makiko Yamazaki and Daniel Leussink TOKYO (Reuters) -Proxy adviser Glass Lewis has recommended that shareholders of Toyota Motor Corp…
Treasury’s Yellen notes US economic resilience in meeting with IMF’s Georgieva
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen spoke about the U.S. economy’s resilience in the face of global headwinds in…
Power transmission deal being mulled in US debt limit talks -sources
By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) -A bill to boost power transmission between U.S. regions is being considered…
U.S. screens highest number of air passengers since 2019
By David Shepardson WASHINGTON (Reuters) -The Transportation Security Administration screened 2.658 million passengers on Thursday, the highest number since the…