Activist investor Engaged Capital plans proxy battle at Shake Shack -WSJ
(Reuters) -Activist investor Engaged Capital is planning a proxy fight for three board seats at high-end burger chain Shake Shack,…
Economy
Biden expects to meet lawmakers Tuesday for debt talks, says he is optimistic
REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday…
Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten…
Argentina plans new rate hike, more FX intervention as inflation soars
By Jorge Otaola and Maximilian Heath BUENOS AIRES (Reuters) -Argentina’s government announced a package of measures to rein in soaring…
Canada housing market upturn could delay shift to BoC rate cuts
By Fergal Smith TORONTO (Reuters) – Signs of recovery in Canada’s housing market after a year-long slump, just as higher…
Amid banking woes, faltering US small-caps offer ominous economic sign
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is leaving behind smaller companies, a sign that investors may…
In Turkey, an election reckoning for the rise and fall of Erdogan’s economy
By Jonathan Spicer ISTANBUL (Reuters) -If Turks oust President Tayyip Erdogan in elections this month it will largely be because…
How TikTok sensation Squishmallows found Warren Buffett
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others…
Tighter ECB policy could push up bad debt levels – de Guindos
FRANKFURT (Reuters) – European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos…
Biden says US debt ceiling talks are moving along
WASHINGTON (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit…