Frontier Communications asks shareholders to accept Verizon’s takeover bid
(Reuters) – Frontier Communications urged shareholders on Friday to vote for a $20 billion takeover bid from Verizon, saying that…
Month: October 2024
Exclusive-Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say
By David French (Reuters) – Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate…
Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those competing to acquire…
Platinum Equity’s Ingram Micro valued at $6 billion as shares jump 15% in NYSE debut
By Arasu Kannagi Basil and Echo Wang (Reuters) -Ingram Micro notched a valuation of $6 billion after shares jumped 15%…
Sentiment vs. Reality—Is Growth Costing Tesla More Than It’s Worth?
Sentiment vs. Reality—Is Growth Costing Tesla More Than It’s Worth? Tesla’s Q3 2024 earnings call was filled with optimism, as…
McDonald’s US head vows to improve safety after E. coli outbreak, more cases expected
By Ananya Mariam Rajesh, Waylon Cunningham (Reuters) -McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak…
T-Mobile beats estimates for wireless subscriber growth, fueled by demand for premium plans
(Reuters) -T-Mobile US on Wednesday exceeded Wall Street expectations for quarterly wireless subscriber additions as more customers chose its discounted…
McDonald’s shares drop as head of US vows to improve safety after E. coli outbreak
By Ananya Mariam Rajesh (Reuters) – McDonald’s shares fell 4.3% in midday trading on Wednesday, as the head of its…
Iranian hacker group focuses on US election websites, media, ahead of vote, Microsoft says
By Christopher Bing and A.J. Vicens (Reuters) -An Iranian hacking group is actively scouting U.S. election-related websites and American media…
Justice Dept warns Musk’s super PAC over million dollar giveaways, CNN reports
WASHINGTON (Reuters) – The U.S. Justice Department has sent a letter to Elon Musk’s super PAC warning that the billionaire…