By Svea Herbst-Bayliss NEW YORK (Reuters) -Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing…
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…
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…
Disney’s Bob Iger returns to lead post-pandemic revamp
(Reuters) – Bob Iger is returning as Walt Disney Co’s chief executive officer in a bid to restore confidence in…
Deutsche Bank sees U.S. leveraged loan defaults near record highs in 2024
By Chiara Elisei (Reuters) -Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while…
COVID in China sets sterling for biggest daily fall in two weeks
By Joice Alves LONDON (Reuters) – Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was…
Strong demand, robust pricing to boost Deere’s sales
By Bianca Flowers (Reuters) – Industrial bellwether Deere & Co is expected to post double-digit growth in quarterly sales and…