(Reuters) -Walgreens Boots Alliance has sold some AmerisourceBergen Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said…
U.S. House panel chair says she’ll subpoena FTX’s Bankman-Fried if needed
By David Morgan (Reuters) -House Financial Services Committee Chairwoman Maxine Waters told Reuters on Thursday that she is prepared to…
Meta battles U.S. antitrust agency over future of virtual reality
By Katie Paul and Diane Bartz SAN JOSE, Calif./ WASHINGTON (Reuters) -The Biden administration on Thursday accused Meta Platforms Inc…
Oil prices slump as receding price-cap threat unmasks worsening demand: Kemp
By John Kemp LONDON (Reuters) -Global oil prices have tumbled more than 20% as the threat to production from the…
Apple supplier Foxconn’s founder pushed China to ease COVID curbs – WSJ
(Reuters) -Apple supplier Foxconn’s founder Terry Gou had warned China that the government’s zero-COVID stance would threaten the position of…
Hedge fund Third Point adds Bath & Body Works stake, seeks board changes
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Third Point has built a stake of just over 6% in Bath…
S&P 500, Nasdaq snap losing streaks after jobless claims rise
By David French (Reuters) – The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted…
When market forecasters should earn their spurs: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -When Yogi Berra famously said it’s difficult to make forecasts, especially about the future,…
Yellen: U.S. can avoid recession, on ‘right track’ to lower inflation
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no…
U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. economy is heading into a short and shallow recession over the coming…