By Svea Herbst-Bayliss (Reuters) -Jana Partners has built a new position in Lamb Weston and may push the french-fry maker to consider selling itself, the activist investment firm said in a regulatory filing on Friday. Â Jana said it owns 5% of the Eagle, Idaho-based company and wants to see a strategic review in which the …
Activist Jana builds Lamb Weston stake, pushes for possible sale Read More »
By Andrew Goudsward WASHINGTON (Reuters) – A U.S. judge on Friday made public more evidence collected by prosecutors in the federal criminal case accusing former President Donald Trump of attempting to overturn his defeat in the 2020 election. The hundreds of pages, many of which were blanked out and marked “sealed,” include material referenced in …
More evidence released in Trump election subversion case Read More »
(Reuters) – CVS Health CEO Karen Lynch is stepping down after nearly four years at the helm, as the healthcare conglomerate faces shareholder pressure to improve its business performance. Lynch, who was the head of its Aetna insurance unit before taking over as CEO, will be replaced by company veteran David Joyner. CVS stock has …
Events leading up to CVS Health CEO Lynch’s departure Read More »
By Georgina McCartney HOUSTON (Reuters) -Oil futures fell on Friday, declining more than 7% on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or …
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook Read More »
By Greg Bensinger (Reuters) -An online debate held on Thursday against a sitting congressman’s artificial intelligence likeness – marking a gray area in the use of the technology during elections – featured few fireworks, few viewers and a few glitches. The debate, pitting two independent challengers against incumbent Don Beyer, a Democrat, was streamed on …
Virginia congressional candidates debate incumbent’s AI – with a few glitches Read More »
By Sriparna Roy and Leroy Leo (Reuters) -CVS Health on Friday replaced CEO Karen Lynch with David Joyner, a CVS veteran who retired before returning to the company last year, after investors including activist Glenview Capital pressured the company to improve its stagnant share price. It also withdrew its 2024 forecast and gave an outlook …
CVS names Joyner as CEO under investor pressure, withdraws profit forecast Read More »
By David Morgan and Jack Queen (Reuters) -Some U.S. states are sending strong signals to county and local officials who might be tempted to intervene illegally in the Nov. 5 election or refuse to certify results: Fail to do your duty and risk criminal charges or hefty financial penalties. In at least five of the …
US states warn officials: Delaying, tampering with vote could bring criminal charges Read More »
By Emma Farge GENEVA (Reuters) -The United Nations humanitarian office accused Israel on Friday of using “war-like” tactics against Palestinians in the occupied West Bank, citing killings by soldiers and attacks on Palestinian olive groves by Israeli settlers. This month so far, OCHA said it had received reports that settlers have carried out 32 attacks …
UN says Israeli settlers cut down olive trees in ‘war-like’ West Bank campaign Read More »
By David Ljunggren OTTAWA (Reuters) – One of four Canadian cabinet members who are stepping down said on Friday that he has confidence in Liberal Prime Minister Justin Trudeau, and he played down polls predicting the Liberals will badly lose in the next election. Northern Affairs Minister Dan Vandal said he wanted a break after …
Canada minister who is quitting voices confidence in Trudeau Read More »
By Brendan Pierson (Reuters) – A federal judge has blocked Florida officials from threatening television stations with prosecution for running advertisements supporting a pro-abortion rights measure in next month’s election. Chief U.S. District Judge Mark Walker in Tallahassee ruled on Thursday that the threats clearly violated the right to free speech under the First Amendment …
Florida officials barred from threatening TV stations over abortion rights ads Read More »
