Atlantic City casino-hotels accused in scheme to boost room rates
By Mike Scarcella (Reuters) – Caesars Entertainment Inc, MGM Resorts International and other casino-hotel operators in Atlantic City, New Jersey,…
Business
Coffee chain Tim Hortons to open stores in South Korea
NEW YORK (Reuters) – North American coffee shop chain Tim Hortons will enter the retail market in South Korea later…
Panasonic sees record profit on robust battery demand, U.S. tax credit
TOKYO (Reuters) -Japan’s Panasonic Holdings Corp on Wednesday said it expects net profit to rise to a record high this…
U.S. prosecutors look at short selling in bank shares – source
By Chris Prentice NEW YORK (Reuters) – Federal prosecutors in Washington are looking into short seller activity around the recent…
Analysis-Investors’ route to post-COVID China is via Europe
By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by…
Rivian results boost shares out of EV startup gloom
By Akash Sriram (Reuters) – Shares of Rivian Automotive Inc rose nearly 6% on Wednesday as the company’s positive earnings…
Private-credit firms see opportunity as banks tighten lending
By Lisa Pauline Mattackal (Reuters) – Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United…
Lithium producers Allkem, Livent to combine in $10.6 billion deal
(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal…
Syneos taken private for $4.46 billion by investment consortium
(Reuters) -An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to take Syneos…
US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) – It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,…