3M to transfer about $2.5 billion of US pension obligations to Met Tower Life Insurance
(Reuters) – 3M said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations and related…
Day: June 13, 2024
Trump criticizes Ukraine aid, talks tax cuts and tariffs with Republicans
By David Morgan and Andy Sullivan WASHINGTON (Reuters) -Donald Trump on Thursday criticized U.S. aid to Ukraine, urged Republican lawmakers…
Column-Ultra-loose financial conditions turn up summer heat on Fed: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The virtuous cycle of loosening U.S. financial conditions and booming asset prices is…
Employer coverage for weight-loss drugs rises sharply, survey finds
By Amina Niasse NEW YORK (Reuters) – About one-third of U.S. employer health plans are offering coverage of GLP-1 drugs…
Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in…
Microsoft president to testify before House panel over security lapses
WASHINGTON (Reuters) – Microsoft President Brad Smith will testify before a House of Representatives panel on homeland security on Thursday,…
Amazon, Vrio to launch satellite internet in South America, competing with Starlink
By Eliana Raszewski BUENOS AIRES (Reuters) – Amazon and telecommunications firm Vrio will jointly launch a satellite internet service in…
Musk says Tesla shareholders voting yes for his $56 billion pay package
By Hyunjoo Jin, Abhirup Roy and Abinaya V (Reuters) -Tesla shareholders are voting to approve a $56 billion pay package…