Herald investors vote against Boaz Weinstein’s revamp plan
LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul…
Category: Business
Facebook removes, then reinstates, page of British anti-racism organisation
By Catarina Demony LONDON (Reuters) – One of Britain’s biggest anti-racism organisations, Stand Up to Racism, said on Wednesday its…
Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably…
Bain Capital to sell $429 million stake in India’s Axis Bank, term sheet shows
By M. Sriram MUMBAI (Reuters) -Bain Capital plans to sell stake worth $429 million in Indian private lender Axis Bank…
Stock moves suggest belief in ‘no landing’ economy, Morgan Stanley says
By Lewis Krauskopf NEW YORK (Reuters) – Recent action in the U.S. stock market suggests investors are beginning to price…
Shell looking at all options including New York listing, Bloomberg Opinion says
(Reuters) -Oil major Shell is looking at “all options” including switching its listing to New York from London, according to…
Powell sticks with Fed’s cautious rate-cut strategy
By Howard Schneider and Abhirup Roy STANFORD, California (Reuters) -Federal Reserve officials including U.S. central bank chief Jerome Powell on…
Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers
By Savyata Mishra (Reuters) -Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown…
JetBlue pilots open negotiations over new labor deal
(Reuters) – Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to JetBlue Airways to…
Lilly’s weight-loss drug Zepbound to face supply crunch through April-end, US FDA says
(Reuters) -Two doses of Eli Lilly’s weight-loss drug Zepbound are expected to remain in short supply through April-end, the U.S.…