By Noel Randewich (Reuters) – Tesla Inc shares are on track for their worst month ever as a sell-off deepened…
Guggenheim Partners chief investment officer Minerd dies at 63
By Niket Nishant and Davide Barbuscia (Reuters) – Scott Minerd, global chief investment officer at investment and advisory firm Guggenheim…
Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for…
Low weekly jobless claims underscore U.S. labor market tightness; Q3 growth revised up
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased less than expected…
U.S. baby formula shortage leads to boom in advertisements
By Jessica DiNapoli NEW YORK (Reuters) – It’s not your imagination if you feel like you’re seeing more ads for…
Kellogg divests Russian operations to local snacks maker Chernogolovka
(Reuters) -Kellogg Co said on Thursday it has decided to divest its operations in Russia to local snacks and drinks…
AMC to raise $110 million, proposes reverse stock split
(Reuters) -AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of…
Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large…
Alphabet links more of CEO Pichai’s pay to performance
(Reuters) – Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar…
EU court rules Airbnb must provide rental info to tax authorities
BRUSSELS (Reuters) -Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under…