New Twitter CEO may free up Musk to steer Tesla through easing demand
By Akash Sriram (Reuters) -Elon Musk’s appointment of a new Twitter chief may free up the billionaire from a major…
Business
JBS shares slump as Q1 shows global difficulties
By Ana Mano SAO PAULO (Reuters) – Shares in Brazilian food giant JBS SA fell more than 10% in early…
Soccer-No prison for key witness in FIFA corruption probe
By Luc Cohen NEW YORK (Reuters) – A former Argentine businessman who pleaded guilty in the sprawling FIFA corruption probe…
Thyssenkrupp workers urge Berlin to move quickly on steel subsidies
By Tom Käckenhoff DUESSELDORF (Reuters) -Thyssenkrupp has urged Berlin to move quickly to approve hundreds of millions in subsidies for…
Big Software AG investor further backs Silver Lake bid
MUNICH (Reuters) – Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that…
Netflix plans to cut spending by $300 million this year – WSJ
(Reuters) – Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on…
Third Point’s Loeb no longer considering taking insurer SiriusPoint private
(Reuters) -Billionaire investor Daniel Loeb is no longer exploring a potential acquisition of SiriusPoint Ltd, according to a regulatory filing…
India’s April retail inflation eases to 18-month low on softer food price
By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below…
US consumer sentiment drops to six-month low in May
WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal…
U.S. Postal Service cracking down on rising mail theft
By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Friday it is taking steps to crack down on…