Chile’s LATAM Air Receives Backing By Unsecured Creditors In Chapter 11 Exit Plan
MEXICO CITY (Reuters) – Chile’s LATAM Airlines received backing by a majority of its unsecured creditors in its Chapter 11…
Southwest Gas Settles Boardroom Battle With Icahn, Replaces CEO
By Svea Herbst-Bayliss NEW YORK (Reuters) – Southwest Gas Holdings reached a settlement on Friday with Carl Icahn that will…
Labor agency: Amazon union’s meeting complaints have merit
NEW YORK (AP) — The National Labor Relations Board has found merit in a union charge that Amazon violated labor…
Soccer-Boehly-led Consortium Wins Bid To Take Over Chelsea
(Reuters) -A consortium led by LA Dodgers part-owner Todd Boehly and backed by Clearlake Capital has won the bid to…
Starbucks Asks White House For Equal Time After Biden Met With Union Leaders
By Hilary Russ and David Shepardson NEW YORK/WASHINGTON (Reuters) -Starbucks Corp has asked for a meeting with U.S. President Joe…
Musk Aims To Quintuple Twitter’s Revenue To $26.4 Billion By 2028 -NYT
(Reuters) – Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion…
Fed Hawks Waller, Bullard Push Back On ‘behind The Curve’ View
(Reuters) – Two of the Federal Reserve’s most outspoken policy hawks on Friday pushed back on the view that the…
Wall Street Ends Down On Fears Inflation Will Force Tougher Fed Tightening
By Echo Wang (Reuters) – Wall Street’s main indexes extended losses on Friday as investors worried that the Federal Reserve…
Macro Hedge Funds Lead Industry Gains In April
NEW YORK (Reuters) – Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to…
Illumina Ordered To Pay BGI Subsidiary $333 Million In DNA-sequencing Patent Case
By Blake Brittain (Reuters) -A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to a…