AMC Entertainment to effect 10:1 reverse split on Aug. 24
(Reuters) – AMC Entertainment Holdings said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and…
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Kraft Heinz CEO Patricio to step down, hand baton to insider
By Deborah Mary Sophia (Reuters) -Kraft Heinz’s CEO Miguel Patricio will step down from the role and be succeeded by…
NY Fed survey finds broad cooling in inflation expectations
By Michael S. Derby NEW YORK (Reuters) – Americans said last month they expected weaker inflation over the next few…
BioXcel cuts over 50% jobs as it pivots focus to retail market for agitation drug
By Sriparna Roy (Reuters) -BioXcel Therapeutics Inc said on Monday it will cut more than half of its workforce, as…
After Maui wildfires kill 96, search for the missing continues
By Jorge Garcia and Mike Blake KAHULUI, Hawaii (Reuters) -The death toll from the Maui wildfires reached 96 on Sunday…
China Evergrande EV unit to issue fresh shares in restructuring plan
(Reuters) -Embattled property developer China Evergrande Group said on Monday its listed electric-vehicle arm has agreed to issue new shares…
Chesapeake to complete Eagle Ford basin exit with SilverBow deal
(Reuters) -U.S. natural gas producer Chesapeake Energy said on Monday it would sell its remaining Eagle Ford assets to SilverBow…
Insurers poised for US break on investment losses from high rates
By Koh Gui Qing SEATTLE (Reuters) – Some insurers operating in the United States stand to reap a windfall worth…
Russian central bank to hold emergency rate meeting as rouble tumbles
MOSCOW (Reuters) – Russia’s central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key…
Explainer-How Hunter Biden, Trump special counsels work independently
WASHINGTON (Reuters) -The appointment of an outside prosecutor to investigate President Joe Biden’s son Hunter means there are now three…