Clear Channel Outdoor to Sell Europe-North Business to Bauer Media Group for $625 Million
On Thursday, advertising company Clear Channel Outdoor (NYSE: CCO) said it was selling the Europe-North section of its business to […]
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Unilever’s Indonesia Headache Worsens with Boycott as Local Brands Seize the Day
LONDON/JAKARTA – A boycott against Unilever (NYSE: UL) and other multinationals operating in Israel has worsened the global consumer company’s
Unilever’s Indonesia Headache Worsens with Boycott as Local Brands Seize the Day Read More »
Flutter (NYSE: FLUT) Cuts US Guidance as NFL Gamblers Ride Winning Streak
DUBLIN – On Tuesday, Flutter Entertainment (NYSE: FLUT), the world’s largest online betting company, said it expects 2024 earnings at
Flutter (NYSE: FLUT) Cuts US Guidance as NFL Gamblers Ride Winning Streak Read More »
US Sues Cushman & Wakefield, Other Landlords Over Alleged Rental Price Coordination
Cushman & Wakefield (NYSE: CWK) was among six large landlords sued by the U.S. Department of Justice over alleged anticompetitive
US Sues Cushman & Wakefield, Other Landlords Over Alleged Rental Price Coordination Read More »
Walt Disney Names New President of Europe, Middle East, and Africa
Walt Disney (NYSE: DIS) has named Tony Chambers president of Disney in Europe, the Middle East, and Africa, as part
Walt Disney Names New President of Europe, Middle East, and Africa Read More »
Getty Images, Shutterstock Gear Up for AI Challenge with $3.7 Billion Merger
On Tuesday, Getty Images (NYSE: GETY) said it would merge with rival Shutterstock (NYSE: SSTK) to create a $3.7 billion
Getty Images, Shutterstock Gear Up for AI Challenge with $3.7 Billion Merger Read More »
Business
UniFirst (NYSE: UNF) Rebuffs $5.3 Billion Takeover Bid from Cintas Corporation
On Tuesday, UniFirst (NYSE: UNF), the uniform supplier, rebuffed again a takeover proposal from Cintas Corporation (NASDAQ: CTAS) that valued
UniFirst (NYSE: UNF) Rebuffs $5.3 Billion Takeover Bid from Cintas Corporation Read More »
Nippon Steel Lawsuit Against Biden Could Buy Time to Keep U.S. Steel Deal Alive
WASHINGTON – Nippon Steel and United States Steel (NYSE: X) are unlikely to convince a court to scrap President Joe
Nippon Steel Lawsuit Against Biden Could Buy Time to Keep U.S. Steel Deal Alive Read More »
Outgoing US Transport Chief Says Boeing Has More to Do After 737 MAX Incident
WASHINGTON – On Monday, the outgoing U.S. transportation secretary said that Boeing (NYSE: BA) has more to do and its
Outgoing US Transport Chief Says Boeing Has More to Do After 737 MAX Incident Read More »
Deere Boosts Bet on Autonomous Tractors with New Machines
Deere & Co (NYSE: DE) strengthened its bet on autonomous machinery by unveiling new tractors and industrial equipment, capable of
Deere Boosts Bet on Autonomous Tractors with New Machines Read More »
Business
Forward Air (NASDAQ: FWRD) to Explore Alternatives, Including Sale
U.S.-based freight forwarding company Forward Air (NASDAQ: FWRD) said on Monday its board had initiated a comprehensive review of strategic
Forward Air (NASDAQ: FWRD) to Explore Alternatives, Including Sale Read More »
U.S. Steel, Nippon File Lawsuit Against Biden Administration Over Blocked Merger
WASHINGTON – U.S. President Joe Biden unlawfully blocked Nippon Steel’s $14.9 billion bid for United States Steel (NYSE: X) through
U.S. Steel, Nippon File Lawsuit Against Biden Administration Over Blocked Merger Read More »
Nippon Steel Could Face Growth Challenges After U.S. Steel Purchase Blocked, Analysts Say
TOKYO—Japan’s Nippon Steel may need to revamp its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion
Boeing, DOJ Tell US Judge They Haven’t Reached Agreement on Revised Plea Deal
WASHINGTON – On Friday, the U.S. Justice Department and Boeing (NYSE: BA) told a court that they haven’t reached an
Boeing, DOJ Tell US Judge They Haven’t Reached Agreement on Revised Plea Deal Read More »
US FAA to Maintain Enhanced Oversight of Boeing After Door Panel Incident
WASHINGTON – The Federal Aviation Administration’s tougher oversight of Boeing (NYSE: BA) will continue indefinitely, the agency’s outgoing head said
US FAA to Maintain Enhanced Oversight of Boeing After Door Panel Incident Read More »
Biden Blocks Nippon Steel’s $14.9 Billion Acquisition of U.S. Steel
WASHINGTON/TOKYO – On Friday, U.S. President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of United States Steel
Biden Blocks Nippon Steel’s $14.9 Billion Acquisition of U.S. Steel Read More »
Steelworkers Union Criticizes Nippon Steel’s Proposal for Lack of Long-Term Commitment
The United Steelworkers union expressed concerns about Nippon Steel’s latest proposal that gives the U.S. government veto power over any
Steelworkers Union Criticizes Nippon Steel’s Proposal for Lack of Long-Term Commitment Read More »
Record Number of Activist Investors Joined Shareholder Rebellion in 2024
NEW YORK – A record number of activist shareholders mounted campaigns at global companies in 2024, a Barclays report showed
Record Number of Activist Investors Joined Shareholder Rebellion in 2024 Read More »
Apple to Pay $95 Million to Settle Siri Privacy Lawsuit
Apple (NASDAQ: AAPL) agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its
Apple to Pay $95 Million to Settle Siri Privacy Lawsuit Read More »
China Adds 28 US Entities to Export Control List
BEIJING – China has added 28 U.S. entities to its export control list to “safeguard national security and interests”, the
China Adds 28 US Entities to Export Control List Read More »
Nippon Steel Offers US Government Veto Power in Bid for US Steel Approval, Source Says
Japan’s Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to United States Steel’s (NYSE:
Nippon Steel Offers US Government Veto Power in Bid for US Steel Approval, Source Says Read More »
ADM Shareholder Presses CEO to Resign as Criminal Probe Continues
CHICAGO – A shareholder of agribusiness Archer Daniels Midland (NYSE: ADM) is pressing the company’s CEO to resign for failing
ADM Shareholder Presses CEO to Resign as Criminal Probe Continues Read More »
Hain Celestial Must Face Arsenic Claim in Baby Food Labeling Lawsuit
NEW YORK – A U.S. judge said Hain Celestial Group (NASDAQ: HAIN) must face a proposed class action claiming its
Hain Celestial Must Face Arsenic Claim in Baby Food Labeling Lawsuit Read More »
Starbucks Largely Loses Appeal Over Baristas’ Firing in NLRB Case
On Friday, a federal appeals court largely rejected Starbucks’ (NASDAQ: SBUX) appeal of a National Labor Relations Board finding the
Starbucks Largely Loses Appeal Over Baristas’ Firing in NLRB Case Read More »