Business & Finance News
(Reuters) – Australia’s Investa Office Fund (IOF) and Blackstone Group on Wednesday entered into a scheme implementation agreement through which the U.S. private equity giant would acquire real estate investment trust for A$3.08 billion ($2.3 billion).
LONDON (Reuters) – Investor anger over the departure of WPP boss Martin Sorrell will burst into the open on Wednesday when shareholders tackle management over its handling of a boardroom battle that has gripped the British corporate scene.
NEW YORK (Reuters) – The S&P 500 and Nasdaq ended higher on Tuesday, boosted by gains in the technology and utilities sectors, and shares of media and telecom companies jumped in extended trade after AT&T won court approval to buy Time Warner.
(Reuters) – Guess Inc said on Tuesday its co-founder, Paul Marciano, had resigned as the company’s executive chairman after a special committee completed an investigation into allegations of improper conduct.
SAN FRANCISCO (Reuters) – The U.S. central bank’s staunchest advocate for faster interest-rate hikes is set to regain the power to vote at the Federal Reserve’s rate-setting meetings starting next month, but the shift is unlikely to mean faster rate hikes under Chair Jerome Powell.
WASHINGTON (Reuters) – AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump’s administration which tried to block the deal and likely setting off a wave of corporate mergers.
NEW YORK (Reuters) – Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail.
(Reuters) – Guess Inc said on Tuesday its co-founder, Paul Marciano, had resigned as the company’s executive chairman after a special committee completed an investigation into allegations of improper conduct.
WASHINGTON (Reuters) – AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, without conditions, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.
NEW YORK (Reuters) – U.S. stocks ended slightly higher on Tuesday, boosted by gains in technology and utilities shares, though investors were cautious ahead of the Federal Reserve’s policy decision.
NEW YORK (Reuters) – A Mexican real estate developer has filed a $1.2 billion lawsuit accusing JPMorgan Chase & Co of fraudulently inducing it to transfer properties based on a false promise it would sell them.
NEW YORK (Reuters) – U.S. stocks ended slightly higher on Tuesday, boosted by gains in utilities and technology shares, though investors were cautious ahead of the Federal Reserve’s policy decision.
NEW YORK (Reuters) – U.S. stocks were near flat on Tuesday as investors became cautious ahead of the Federal Reserve’s policy decision, while a historic U.S.-North Korea summit failed to impress investors.
(Reuters) – Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become sustainably profitable without endangering the critical ramp up of production of its Model 3 sedan.
NEW YORK (Reuters) – A Mexican real estate developer has filed a $1.2 billion lawsuit accusing JPMorgan Chase & Co of fraudulently inducing it to transfer properties based on a false promise it would sell them.
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