NBA Champion Golden State Warriors Are Sued Over FTX Collapse
(Reuters) -The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association…
Reuters
Energy Shares, China COVID Cases Weigh On Wall St; Disney Jumps
By Ankika Biswas and Shreyashi Sanyal (Reuters) -Wall Street’s main indexes started the week lower due to a rise in…
Global Stocks, Oil Prices Slip As Rising COVID-19 Cases Prompt Chinese Lockdowns
By Chibuike Oguh NEW YORK (Reuters) – Global stocks and oil prices slipped on Monday as a spike in COVID-19…
BlackRock Increases Overweight On Investment Grade Credit
NEW YORK (Reuters) – Asset manager BlackRock said on Monday it had increased its strategic overweight on investment grade credit…
Two Largest U.S. Rail Unions Divide Over Contract Raising Strike Possibility
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -The two largest U.S. rail unions representing conductors and engineers split…
Disney’s Bob Iger Returns To Lead Post-pandemic Revamp
(Reuters) – Bob Iger is returning as Walt Disney Co’s chief executive officer in a bid to restore confidence in…
Nestle’s Nespresso To Sell Paper-based Compostable Coffee Pods
ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss…
Disney Brings Back Bob Iger As CEO In Bid To Boost Growth
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Bob Iger is returning to Walt Disney Co as chief…
Broadcom’s $61 Billion Deal For VMware On UK Regulator’s Radar
(Reuters) -Britain’s competition regulator said on Monday it was looking into whether U.S. chipmaker Broadcom Inc’s $61 billion acquisition of…
FTX Shows Need To Regulate Crypto Before It Gets Big, Says Bank Of England
LONDON (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory…