Linda Yaccarino: the advertising executive Musk picked as new Twitter CEO
(Reuters) -Linda Yaccarino began her role as Twitter’s new CEO on Monday, about a month after Elon Musk named her…
US
New York Fed says global supply chain pressures further abated in May
By Michael S. Derby NEW YORK (Reuters) – Supply chain pressures cooled again in May, New York Fed data showed,…
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China…
Ford Motor names Whirlpool exec as new supply chain chief
(Reuters) – Ford Motor Co on Tuesday named Whirlpool Corp’s Liz Door its chief supply chain officer, at a time…
Corebridge drops as AIG looks to sell down stake
NEW YORK (Reuters) – Shares of retirement services provider Corebridge Financial fell more than 6% on Tuesday as parent American…
General Electric to sell over $2 billion stake in GE HealthCare
(Reuters) – General Electric Co is offering 25 million of common stock, or an over $2 billion stake, in GE…
US interest rate swap market embraces new rate as LIBOR deadline nears
By Harry Robertson LONDON (Reuters) – New trades in the enormous U.S. dollar interest rate swap market have almost entirely…
BorgWarner sees EV, hybrid parts business generate nearly half of sales by 2027
(Reuters) – Auto parts supplier BorgWarner on Tuesday forecast its electrified-vehicle business would generate about half of its total expected…
J M Smucker sees smaller decline in annual sales on higher prices, steady demand
(Reuters) – Jif peanut butter maker J M Smucker Co forecast a smaller-than-expected decline in annual revenue on Tuesday, betting…
Subway inks deal for 4,000 new sandwich shops in China over next 20 years
By Hilary Russ NEW YORK (Reuters) – Subway reached an agreement with a master franchisee to open nearly 4,000 new…