CEO-led consortium to take Franchise Group private in $2.6 billion deal
Vitamin Shoppe owner Franchise Group Inc would be taken private by a management group led by CEO Brian
2023-05-10 19:58
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:57
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:56
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:55
New York Times misses revenue estimates as ad spending slows
(Reuters) -The New York Times Co missed quarterly revenue estimates on Wednesday as recession-wary businesses slashed spending on digital ads
2023-05-10 19:16
Investment consortium to buy Syneos Health in $7.1 billion deal
An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to buy
2023-05-10 19:15
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:58
Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
2023-05-10 18:54
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:23
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve's willingness to end
2023-05-10 18:19
Google expected to unveil its answer to Microsoft's AI search challenge
By Jeffrey Dastin Alphabet Inc's Google on Wednesday is expected to unveil more artificial intelligence in its products
2023-05-10 18:18
Ukraine Latest: Kyiv Well Supplied for Counteroffensive, US Says
Ukrainian forces have the weapons, the training and the “right plans” ahead of an expected counteroffensive, US Secretary
2023-05-10 17:55