By Raghav Mahobe (Reuters) -Merck & Co Inc said on Monday it will acquire cancer drug developer Imago BioSciences Inc…
Exclusive-Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing…
JP Morgan remains world’s biggest systemically important bank
LONDON (Reuters) -JP Morgan remains the world’s most systemically important bank according to the latest rankings from the G20’s Financial…
Hungary caps interest rates on large commercial bank deposits
BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits…
Aviation execs worry about demand as post-pandemic honeymoon ends
By Sarah Young LONDON (Reuters) -The outlook for airlines has darkened as the post-pandemic boom in travel wears off and…
Americans’ financial fragility largely unchanged in 2022, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – Americans’ ability to meet a large unexpected expense was little changed in…
Cargill names 31-year company veteran Brian Sikes as new CEO
(Reuters) – Cargill Inc said on Monday Brian Sikes will takeover as the global commodities trader’s new president and chief…
After rough year, U.S. corporate credit entices investors
By Lisa Pauline Mattackal and Divya Chowdhury (Reuters) – Investors are increasingly eyeing U.S. corporate credit offering attractive valuations and…
U.S. Supreme Court rebuffs RBS ex-banker’s whistleblower award bid
By Andrew Chung (Reuters) – The Supreme Court on Monday declined to hear former Royal Bank of Scotland managing director…
U.S. proposes rules to advance flying taxi operations
By David Shepardson (Reuters) – The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave…