By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out the first quarter on a down note on Thursday with its biggest quarterly decline in two years as concerns persisted about the continuing conflict in Ukraine and its inflationary effect on prices and the Federal Reserve’s response. While optimism about a possible peace deal…
By Anirban Sen NEW YORK (Reuters) -Wildcat Capital Management LLC, which manages the wealth of buyout firm TPG Inc’s co-founder David Bonderman, has asked Consolidated Communications Holdings Inc to reject an offer to take the company private for $2.9 billion including debt. A non-binding $4-per-share all-cash offer for the broadband services provider undervalues it by…
(Corrects syntax in headline) (Reuters) – NBCUniversal’s head of advertising, Linda Yaccarino, is in talks to become the new CEO of Twitter, the Wall Street Journal reported on Thursday, citing people familiar with the situation. (This story has been refiled to capitalize ‘Twitter’ in the headline) (Reporting by Urvi Dugar in Bengaluru; Editing by Shinjini…
SYDNEY (Reuters) – A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in coronavirus cases. The Westpac-Melbourne Institute index of consumer sentiment released on Wednesday slipped 1.3% in February from January, when it dropped 2.0%. The index…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – U.S. Senator Michael Bennet on Tuesday sought information on how tech giants Meta, X, TikTok and Google were trying to stop the spread of false and misleading content about the Israel-Hamas conflict on their platforms. “Deceptive content has ricocheted across social media sites since the conflict began, sometimes…
By Stella Qiu SYDNEY (Reuters) – Asian shares struggled for direction on Friday and the dollar stood tall ahead of a key U.S. jobs report as investors braced for more aggressive rate hikes from the Federal Reserve, while fresh lockdowns in China fuelled concerns about global growth. However, things look brighter in European markets, with…
By Stephen Culp NEW YORK (Reuters) -Wall Street gained ground and Treasury yields eased on Thursday as economic data hinted at signs of cracks in the tight U.S. labor market, indicating that the Federal Reserve’s restrictive monetary policy is beginning to work as intended. All three major U.S. stock indexes were up modestly, the dollar…
BERLIN (Reuters) – Lockheed Martin said on Wednesday it could deliver first F-35 fighter jets to Germany in 2026 and expects more orders for the aircraft in Europe as Greece and the Czech Republic have expressed significant interest. “You’ll hear more about it soon,” J.R. McDonald, the vice president of F-35 business development at Lockheed…
By Yadarisa Shabong (Reuters) -British luxury carmaker Aston Martin’s second-quarter results beat market expectations on Wednesday, powered by higher prices and demand for its DBX707 sports utility vehicle and limited edition V12 Vantage Roadster, sending shares 6% higher. Demand for its new ‘Valour’ model, launched for the brand’s 110th anniversary and inspired by its racing…
By Nancy Lapid (Reuters) – The northeastern United States is blanketed under a pungent haze caused by smoke carried down from wildfires burning in Canada that contains a host of noxious gases and particulate matter that carry serious health risks. Here is what you need to know about the risks of the lingering smoke that…
