Skechers to be taken private for $9.42 billion in biggest footwear industry deal
By Savyata Mishra and Abigail Summerville (Reuters) -Skechers has agreed to be taken private by 3G Capital for $9.42 billion…
Apple will appeal contempt ruling in Epic Games case over App Store
By Mike Scarcella (Reuters) – Apple on Monday lodged an appeal to challenge a U.S. judge’s ruling that ordered the…
US flies reusable hypersonic test vehicle for second time
By Mike Stone WASHINGTON (Reuters) -The U.S. performed a second successful test of a reusable hypersonic test vehicle in March,…
Citigroup CEO says most clients can absorb 10% tariffs
NEW YORK (Reuters) -Citigroup CEO Jane Fraser said on Monday most of the bank’s clients could absorb U.S. tariffs of…
Shell is studying merits of buying BP, Bloomberg News reports
(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting…
OPEC+ agrees another accelerated oil output hike for June
By Ahmad Ghaddar, Maha El Dahan and Olesya Astakhova LONDON/DUBAI (Reuters) -OPEC+ has agreed to accelerate oil production hikes for…
Berkshire investors anticipate new era as Buffett hands over baton
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate…
Putin says Russia has the strength to finish Ukraine operation
MOSCOW (Reuters) -President Vladimir Putin said in remarks published on Sunday that Russia had sufficient strength and resources to take…
Trump says won’t remove Fed chair Powell before term ends in 2026, TV interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board…
Big Oil earnings show split in production strategy, shareholder returns
By Sheila Dang and Shadia Nasralla HOUSTON/LONDON (Reuters) -Big Oil’s first-quarter earnings have shown a clear split in how companies…