Blackwells, in proxy fight with Disney, sues Disney over disclosure in hedge fund relationship
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney in a long-running…
Month: March 2024
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Tesla deliveries face hit from China slowdown, soft demand
By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla is expected to report sluggish first-quarter deliveries next week as the boost…
US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
(Reuters) – U.S. consumer sentiment rose unexpectedly in March to the highest in nearly three years thanks in part to…
UBS sells $8 billion of Credit Suisse assets to Apollo
ZURICH (Reuters) – UBS has sealed the sale of Credit Suisse’s securitised products business to Apollo Global Management as part…
Moderna secures $750 million from Blackstone Life Sciences to develop flu shots
By Leroy Leo and Sneha S K (Reuters) -Moderna on Wednesday said Blackstone’s life sciences arm would offer $750 million…
Visa, Mastercard reach $30 billion settlement over credit card fees
By Jonathan Stempel NEW YORK (Reuters) -Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit…
Trump’s media company valued at almost $8 billion in strong Wall St debut
By Medha Singh and Yuvraj Malik (Reuters) -Shares of Donald Trump’s Trump Media & Technology Group surged as much as…
Robinhood ventures further beyond trading with new credit card
By Niket Nishant (Reuters) – Online trading app Robinhood Markets launched a new credit card on Tuesday, in an effort…
Walmart can end Capital One credit card partnership early, US judge rules
By Jonathan Stempel NEW YORK (Reuters) – A federal judge ruled on Tuesday that Walmart can end its credit card…