By Siddharth Cavale NEW YORK (Reuters) – Higher egg prices, an issue U.S. President Donald…
Category: Business
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Analysis-Southwest’s layoffs dent its worker-first culture
By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines’ first company-wide layoffs in its nearly…
Business
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Investor Deep Track launches proxy fight at Dynavax, nominates 4 directors
By Svea Herbst-Bayliss NEW YORK(Reuters) – Life sciences investment firm Deep Track Capital is launching…
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Chip design software maker Cadence forecasts annual profit below estimate, shares down
(Reuters) – Cadence Design Systems forecast its annual revenue and profit below analysts’ estimates on…
Pershing Square proposes to buy 10 million shares in Howard Hughes for $90 per share
(Reuters) -Billionaire investor Bill Ackman’s Pershing Square Capital Management said on Tuesday it would buy…
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Uber accuses DoorDash of anticompetitive practices in lawsuit
By Gnaneshwar Rajan (Reuters) – Uber Technologies has filed a lawsuit against DoorDash, accusing the…
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Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
(Reuters) -Intel’s rivals Taiwan Semiconductor Manufacturing Co and Broadcom are each eyeing potential deals that…
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Ackman’s firm boosts stake in Nike, cuts Chipotle during Q4
NEW YORK (Reuters) – Billionaire investor William Ackman increased his stake in sportswear company Nike…
Fund managers boost exposure to bitcoin ETFs, quarterly US filings show
By Suzanne McGee (Reuters) – Asset managers, ranging from wealth management companies to hedge funds…
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Applied Materials gives dour quarterly revenue forecast as export curbs tighten; shares fall
(Reuters) – Applied Materials forecast second-quarter revenue below market estimates on Thursday, expecting escalating geopolitical…