By John McCrank and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at…
American Airlines pilots’ union rejects pay hike proposal
(Reuters) – American Airlines pilots’ union on Wednesday said its board of directors has rejected a draft agreement that offered…
Murdoch’s News Corp-Fox reunion gambit comes as sports betting valuations tank
By Dawn Chmielewski and Byron Kaye (Reuters) – Rupert Murdoch’s proposal to recombine News Corp and Fox Corp and capitalize…
Peloton results to offer clues on impact of turnaround plan
By Kannaki Deka (Reuters) – Peloton Inc’s efforts to get its operations back in shape should help it slow cash…
Post-shutdown HBCU homecomings bring much-needed boosts to revenues
(This Nov. 1 story has been corrected to remove the reference in paragraph 6 to Lincoln College as it is…
Binance CEO sees no threat to crypto from central banks’ digital currencies
By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a…
Insurers stare at up to $60 billion hit from Hurricane Ian, AIG chief Zaffino says
(Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter…
Chesapeake points to rising costs in fastest-growing U.S. gas field
By Liz Hampton (Reuters) – Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could…
U.S. Treasury continues to assess bond buybacks to improve liquidity
(Reuters) -The U.S. Treasury said on Wednesday it will continue to assess whether or how to implement a program to…
IMF names veteran Argentina, Ukraine negotiator Kozack as new spokesperson
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva on Wednesday said she will appoint veteran IMF…