Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
(Reuters) – Ryan Cohen has bought GameStop stock worth $10 million, a securities filing showed on Tuesday, in a sign…
US
New inflation data tests Fed’s faith in housing slowdown thesis
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials for months have been counting on slower-rising U.S. housing prices to…
San Francisco hit again as large mall owner walks away
By Granth Vanaik, Shankar Ramakrishnan and Matt Tracy (Reuters) -The pain is getting deeper for San Francisco as the owners…
Exclusive-Arex Capital pushes Enhabit to consider company sale – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Arex Capital Management is urging Enhabit to put itself up for…
HSBC eyes leading role in banking for VCs, startups after hiring wave
NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups…
U.S. Transportation chief pledges support for Philadelphia after highway collapse
By David Shepardson WASHINGTON (Reuters) – Transportation Secretary Pete Buttigieg on Tuesday pledged federal support for rebuilding a major U.S….
Manchester United shares hit two-month high on speculations over takeover bid
(Reuters) -Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar’s…
U.S. Bancorp CEO says economy heading for “moderate” recession
(Reuters) – U.S. Bancorp’s Andy Cecere forecast a “moderate” recession that would be short and “not very deep in terms…
Walmart to invest $257 million in beef-packing plant in Kansas
(Reuters) – Walmart said on Tuesday it would invest $257 million to open a beef-packing plant in Olathe, Kansas in…
Biden to tap tech, climate executives in California fundraising trip
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will travel to California next week to…