WASHINGTON (Reuters) – The White House asked House Republicans on Tuesday to reveal details of concessions made by Representative Kevin McCarthy to far-right fellow Republicans in exchange for their support in his run for the top speaker position. White House spokesperson Andrew Bates said McCarthy promised a vote on a 23% national sales tax in …
White House ask House Republicans to “come clean” on McCarthy deals Read More »
By David Shepardson (Reuters) – An unsuccessful Republican state House candidate in New Mexico was arrested on Monday and accused of orchestrating recent shootings at four local elected officials’ homes, the Albuquerque Police Department said. Police said on Monday they had arrested Solomon Pena, 39, and accused him of conspiring with, and paying, four other …
Republican candidate arrested in shootings of Democrats’ homes in New Mexico Read More »
(Reuters) – Activist investor Nelson Peltz last week bid for a seat on the board of Walt Disney Co, stirring the pot for what appears to be a boardroom battle brewing at the Magic Kingdom. This comes after company veteran Bob Iger returned to the helm at the Marvel-parent to help a push for profitability …
ASTANA (Reuters) – Vkusno & tochka, the Russian successor brand to McDonald’s, has applied to have its trademarks registered in neighbouring Kazakhstan following the U.S. company’s exit from its market, the Kazakh government said on Monday. McDonald’s and its Kazakh licensee terminated their agreement this month, citing supply issues. Sources earlier told Reuters McDonald’s Kazakhstan …
Russia’s McDonald’s successor applies for trademark in Kazakhstan Read More »
By Tatiana Bautzer and Gabriel Araujo SAO PAULO (Reuters) – Brazilian lenders BTG Pactual, Bradesco and Santander Brasil are among those most exposed to debt of Americanas SA, analysts’ estimates showed on Monday, after the retailer obtained an injunction protecting it from creditors. Analysts at JPMorgan and Citi said in research notes that Banco Bradesco …
BTG, Bradesco among most exposed to Brazilian retailer Americanas Read More »
(Reuters) -U.S. industrial and software firm Emerson Electric Co on Tuesday made public its offer to buy NI Corp in a deal with an enterprise value of $7.6 billion after the automated testing equipment maker rebuffed earlier approaches. The software firm’s all-cash bid of $53 per share represents a premium of about 13% to NI’s …
Emerson makes $7.6 billion offer for NI Corp public after rebuffed approaches Read More »
(Corrects syntax in headline) (Reuters) – Wall Street’s main indexes opened lower on Tuesday after Goldman Sachs missed quarterly profit estimates, worsening sentiment already dented by downbeat economic data from China earlier in the day. The Dow Jones Industrial Average fell 80.29 points, or 0.23%, at the open to 34,222.32. The S&P 500 fell 0.01% …
Wall St opens lower after Goldman Sachs misses profit estimates Read More »
(Reuters) -Canadian business jet maker Bombardier Inc on Tuesday raised its 2022 forecast for revenue and free cash flow above analysts’ expectations, helped by robust demand for private planes. Montreal-based Bombardier, which also took steps to reduce the cost of its debt, now expects full-year revenue to come in at about $6.9 billion, up from …
Bombardier raises 2022 revenue and free cash flow outlook, shares rise Read More »
By Saeed Azhar NEW YORK (Reuters) – Morgan Stanley is comfortable with its headcount after recent action to reduce jobs in December, Chief Financial Officer Sharon Yeshaya told Reuters on Tuesday. “We’re comfortable with where we are,” she said when asked if more job cuts were being considered after a 2% reduction late last year. …
Morgan Stanley comfortable on headcount, takes mark-to-market losses on Twitter Read More »
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased more than expected in December as gas prices came down but core measures remained little changed from the previous month, Statistics Canada said on Tuesday, making another interest rate hike this month likely. Inflation slowed to 6.3% in December from 6.8% in …
Canada’s inflation eases in December but another rate hike still likely Read More »
