(Reuters) -Starbucks and activist investor Elliott Management are talking about a settlement, CNBC reported on Monday, citing sources. Elliott had built a sizable position in the coffee chain and has been discussing ways of improving its stock performance, Reuters had reported in July, citing two sources familiar with the matter. The activist investor had proposed…
By Jehad Shalbak Amr Alfiky YOHMOR/TYRE, Lebanon (Reuters) – Displaced in south Lebanon five times, Kamel Mroue and his wife Mariam are anxious about their next move as they follow the news of clashes between Israel and Hezbollah, fearing border hostilities will turn into all-out war. The parents of three children, who live abroad, have…
WASHINGTON (Reuters) – Several U.S. and coalition personnel were wounded in a drone attack on Friday in Syria, a U.S. official told Reuters, in the second major attack in recent days against U.S. forces amid soaring tensions in the Middle East. The official, speaking on the condition of anonymity on Saturday, said none of the…
By Jeff Mason LAS VEGAS (Reuters) -U.S. Vice President Kamala Harris told supporters in Nevada on Saturday she supported eliminating taxes on tips, taking a similar position to her rival Donald Trump in an effort to win over service workers, an important constituency in the state. Harris and her Democratic running mate, Minnesota Governor Tim…
KAMPALA (Reuters) – The death toll from a landslide at a vast garbage dump in Uganda’s capital Kampala has risen to 13, police said on Sunday, as rescue personnel continued to dig for survivors. After torrential rain in recent weeks a chunk of garbage from the city’s only landfill site broke off late on Friday,…
By Nidal al-Mughrabi CAIRO (Reuters) -An Israeli airstrike on a Gaza City school compound housing displaced Palestinian families killed around 100 people, the Gaza Civil Emergency Service said on Saturday. Israel said around 20 militants had been operating at the compound. Video from the site showed body parts scattered around and more bodies being carried…
By Tatiana Bautzer NEW YORK (Reuters) – Citigroup’s wealth unit has initiated a process to sell its trust administration and fiduciary services business, the bank said in a statement on Friday.”To enhance our focus on delivering the wealth structuring advice that matters most to our global clients, Citi Wealth has initiated a process to sell…
By Sriparna Roy and Mariam Sunny (Reuters) -The U.S. FDA has declined to approve a therapy based on the mind-altering drug MDMA for patients with post-traumatic stress disorder, stating it could not be approved based on the data submitted, developer Lykos Therapeutics said on Friday. Commonly known as ecstasy or molly, MDMA has long been…
MANILA (Reuters) -The Philippine military said on Saturday it strongly condemns “dangerous and provocative actions” by China’s air force at a contested shoal in the South China Sea. It was the first time the Philippines has complained of dangerous actions by Chinese aircraft, as opposed to navy or coast guard vessels, since President Ferdinand Marcos…
By Mark Trevelyan (Reuters) -Russia moved extra tanks, artillery and rocket systems to its southern Kursk region and imposed anti-terrorism measures in border areas as it battled a shock incursion by Ukraine’s military. Ukrainian forces, meanwhile, posted a video purporting to show them in control of a town near the border, the first pictorial evidence…
