Commodities broker Marex plans more acquisitions; shares surge after results
By Eric Onstad LONDON (Reuters) – British-based commodities broker Marex Group is planning more acquisitions to diversify the company following…
Business
Lilly demands doctors stop selling copycat weight-loss drugs, Bloomberg reports
(Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days demanding they stop the promotion of…
Home Depot warns of sales, profit decline on weak consumer spending
By Juveria Tabassum (Reuters) -Home Depot forecast a decline in annual profit and a bigger drop in its annual comparable…
Ford issues do-not-drive advisory over continuing Takata airbag concerns
(Reuters) – Ford Motor issued an do-not-drive advisory on Tuesday for certain vehicles still affected by Takata airbag recalls. The…
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,…
Starbucks, Elliott in talks over a settlement, CNBC reports
(Reuters) -Starbucks and activist investor Elliott Management are talking about a settlement, CNBC reported on Monday, citing sources. Elliott had…
Canada union says rail strike could start on Aug 22 if no deal reached
OTTAWA (Reuters) -The Canadian Teamsters union, which is negotiating a contract with the country’s two largest rail companies, said on…
Equity Residential to buy apartment portfolio from Blackstone for nearly $1 billion
(Reuters) -Equity Residential has agreed to acquire 11 apartment properties located in its expansion markets such as Atlanta and Denver…
How chip giant Intel spurned OpenAI and fell behind the times
By Max A. Cherney SAN FRANCISCO (Reuters) – For U.S. chip giant Intel, the darling of the computer age before…
Nike sees gold rush with summer Olympics driven website visits, sales
By Ananya Mariam Rajesh (Reuters) – The summer Olympics is turning out to be a rare win for Nike as…