(Reuters) -Activist investor Engaged Capital is planning a proxy fight for three board seats at high-end burger chain Shake Shack, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Including swaps, Engaged has a roughly 6.6% stake in the chain, the report said. The U.S.-based shareholder activist has determined ways to…
(Reuters) – U.S. fighter jets intercepted six Russian aircraft operating in international airspace near Alaska, the North American Aerospace Defense Command (NORAD) said on Sunday. The Russian planes included TU-95 bombers, IL-78 tankers and SU-35 fighter jets, NORAD said in a written statement. NORAD described the interception as “routine” and said they happen roughly six…
REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for talks on a plan to raise the nation’s debt limit and avoid a catastrophic default. Speaking to reporters in Delaware, Biden said he remained optimistic about agreeing on a deal. Biden had been scheduled…
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps aimed at energy and exports aiding Moscow’s war effort, said officials with direct knowledge of the discussions. New measures announced by the leaders…
By Nidal al-Mughrabi and Dan Williams GAZA/JERUSALEM (Reuters) -Life on both sides of the Gaza Strip border began returning to normal on Sunday after an Egyptian-mediated ceasefire halted five days of fighting between Israel and Islamic Jihad, which killed 34 Palestinians and an Israeli. Israel reopened its goods and commercial border crossings, allowing fuel to…
WASHINGTON (Reuters) – U.S. border patrol agents have seen a 50% drop in the number of migrants crossing the border since the pandemic-era immigration policy known as Title 42 expired at midnight on Thursday, Homeland Security Secretary Alejandro Mayorkas said on CNN’s “State of the Union” program on Sunday. “Over the past two days, the…
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic turmoil ahead. The small-cap Russell 2000 is down about 1% this year, compared to a rally that has boosted the S&P 500, an index representing the largest U.S. companies, 7% year-to-date….
By Gopal Sharma KATHMANDU (Reuters) – A Nepali sherpa guide climbed Mount Everest for the 26th time on Sunday, hiking officials said, becoming the world’s second person to achieve the feat. Pasang Dawa Sherpa, 46, stood atop the 8,849-m (29,032-ft) peak, sharing the record number of summits with Kami Rita Sherpa, said Bigyan Koirala, a…
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok. For Judd and Laura Zebersky, whose company Jazwares makes the toys, the success of Squishmallows is hardly what they imagined when they met 33…
By Ali Kucukgocmen ISTANBUL (Reuters) -Turkish President Tayyip Erdogan held his last election rallies in Istanbul on Saturday, accusing the opposition of working with U.S. President Joe Biden to topple him while making a final appeal ahead of the biggest challenge to his 20-year rule. Polls show Erdogan trailing the main opposition candidate Kemal Kilicdaroglu…
