Blackstone to buy restaurant chain Tropical Smoothie
(Reuters) – Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal…
Month: April 2024
U.S. bank regulators extend comment period on Capital One-Discover deal
WASHINGTON (Reuters) – U.S. bank regulators announced Wednesday they were extending the comment period on Capital One’s bid to acquire…
Caterpillar, Deere inventories in focus as machinery demand plateaus
By Deborah Mary Sophia (Reuters) – Equipment inventories will be in focus when Caterpillar, Deere and CNH Industrial report quarterly…
Biden’s re-election campaign won’t stop using TikTok
By Nandita Bose WASHINGTON (Reuters) – Joe Biden’s reelection campaign plans to continue using TikTok, a campaign official said on…
WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company
By Dietrich Knauth (Reuters) -WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire…
Foreigners add net $32.7 billion to EM portfolios in March -IIF
By Rodrigo Campos NEW YORK (Reuters) -Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth…
IBM nearing deal for cloud software provider HashiCorp, source says
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a…
Tesla to lay off more than 3,000 employees in California, notices show
(Reuters) – Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…