(Reuters) – Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered…
Bayer picks outsider Anderson as CEO after investor pressure
BERLIN/FRANKFURT (Reuters) – Bayer replaced its CEO early, recruiting the former head of Roche’s pharmaceuticals business, as investor criticism over…
Multi-manager hedge funds offer big returns but at high cost
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – Multi-manager hedge funds charge expense fees about triple the size of…
Third Point says Bath & Body Works can do better, offers to help -letter
NEW YORK (Reuters) – Third Point LLC on Wednesday said Bath & Body Works can perform better financially and called…
Centene reaches $215 million settlement addressing California drug overcharges
By Jonathan Stempel (Reuters) – Centene Corp has reached a $215.4 million settlement with California to resolve accusations it overcharged…
Two lessors file applications to cancel Garuda Indonesia restructuring deal – court
JAKARTA (Reuters) – Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda…
Investors focus on buybacks, billionaire tax in Biden speech
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) -U.S. President Joe Biden put taxes and corporate stock buybacks…
Shares slip, dollar steady as markets assess Powell comments
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -Global shares fell and the dollar was steady on Wednesday as…
Bank of Canada’s first published minutes show job, growth data drove rate hike
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada hiked rates last month rather than leaving them…
FTX gets court approval to subpoena founder Bankman-Fried, other insiders
By Dietrich Knauth (Reuters) – Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder…