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Category: Business

Business

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…

October 25, 2024January 27, 2025
Business

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…

October 24, 2024January 27, 2025
Business

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%…

October 24, 2024January 27, 2025
Business

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…

October 23, 2024January 27, 2025
Business

Amazon sets ultra-low pricing plans for Temu rival store, The Information reports

(Reuters) – Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost…

October 22, 2024January 27, 2025
Business

US allocates $196 million for natural gas pipeline modernization

(Reuters) – The U.S. government will award grants totaling $196 million for the repair and replacement of aging natural gas…

October 22, 2024January 27, 2025
Business

US set to award Hemlock Semiconductor $325 million for polysilicon production

By David Shepardson (Reuters) – The U.S. Commerce Department said Monday it plans to award $325 million to Hemlock Semiconductor…

October 21, 2024January 27, 2025
Business

Boeing exploring asset sales to boost finances, WSJ reports

(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or…

October 20, 2024January 27, 2025
Business

US Cellular to sell select spectrum assets to Verizon for $1 billion

(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…

October 18, 2024January 27, 2025
Business

Starbucks new CEO taps fellow Chipotle alum for top marketing role

By Waylon Cunningham (Reuters) – Starbucks on Tuesday announced it hired food marketing veteran Tressie Lieberman to take its top…

October 18, 2024January 27, 2025

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