(Reuters) -Seagram Co heir Edgar Bronfman Jr. is close to making an offer for National Amusements that would compete with an accepted bid from Skydance Media, Bloomberg News reported on Thursday, citing…
Month: August 2024
July CPI supports disinflation scenario for Sept ease
(Reuters) -U.S. consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rates next month….
Trump heads to North Carolina as allies push for messaging shift
By Gram Slattery (Reuters) – Republican Donald Trump will head to the swing state of North Carolina on Wednesday, struggling to turn the page on a difficult stretch of a White House…
Weary Argentines have mixed feelings as world’s worst inflation eases
By Miguel Lo Bianco BUENOS AIRES (Reuters) – Argentines, feeling the pinch of the world’s highest annual inflation rates, are feeling both hopeful and weary as monthly price rises dip down towards…
Ernesto expected to become hurricane after drenching Puerto Rico, Virgin Islands
By Brendan O’Brien (Reuters) – Tropical Storm Ernesto was expected to strengthen into a hurricane on Wednesday as it churns north into the Atlantic while bringing more drenching rains to the Virgin…
B. Riley stock extends losses after bank delays quarterly report
(Reuters) -B. Riley Financial’s shares fell 11% in premarket trading on Tuesday after the investment bank disclosed a delay in filing its quarterly report with the U.S. Securities and Exchange Commission, adding…
Volatility funds lure investors as markets turn jittery
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Global managed volatility funds saw their first net inflows for more than a year last month, as markets reacted to growing concerns over the…
Carlyle to buy Baxter’s kidney-care spinoff Vantive for $3.8 billion
By Echo Wang NEW YORK (Reuters) – Buyout firm Carlyle Group struck a deal to acquire medical-device maker Baxter’s kidney-care unit Vantive for $3.8 billion, the companies said on Tuesday. The proceeds…
Bitcoin miner Bitfarms chair Bonta to step down
(Reuters) – Bitcoin miner Bitfarms said on Tuesday its co-founder and chair, Nicolas Bonta, will step down from the board, effective immediately. Bonta was at the center of a board battle that…
JetBlue to raise over $3 billion through debt offerings, shares fall
(Reuters) – JetBlue Airways said on Monday it plans to raise about $3.15 billion in capital through separate debt offerings, the majority backed by its loyalty program, TrueBlue, as it tries to…