By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters. The company on Tuesday said in regulatory filings that it…
(Reuters) – Consulting giant McKinsey & Co. is close to reaching a deal with U.S. prosecutors to pay at least $500 million to settle federal probes into its past work helping opioid makers boost sales, Bloomberg News reported on Wednesday. A settlement, which could be announced in the coming weeks, would resolve criminal and civil…
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Investors and analysts are looking sceptically at computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025 financial guidance, citing weakness in markets other than AI and delayed orders. The position of ASML, Europe’s most valuable technology company, as an essential supplier to…
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission adopted a final rule on Wednesday requiring businesses to make it as easy to cancel subscriptions and memberships as it is to sign up, in the agency’s last major rulemaking before the Nov. 5 election. The “click to cancel” rule requires retailers, gyms and other…
