Bankrupt Steward Health to close two Massachusetts hospitals
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt hospital owner Steward Health Care will close two locations in Massachusetts after…
Category: Business
Cold storage REIT Lineage rises 5% in the biggest IPO of 2024
By Pritam Biswas and Echo Wang (Reuters) -Cold storage real estate investment trust Lineage’s shares gained 5% in their Nasdaq…
Tech-led selloff drives record volume in NDX options
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The selloff in U.S. stocks is driving record trading options on the…
NBA signs broadcasting deal with Disney, Amazon, Comcast
(Reuters) -Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in a…
Newmont beats profit estimates on higher gold production
(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from…
Chipotle beats sales estimates on strong burrito demand; shares soar
(Reuters) -Chipotle Mexican Grill surpassed market estimates for quarterly sales on Wednesday as demand for its rice bowls and burritos…
Tesla’s bleak margins sour investors as Musk hypes everything but cars
By Deborah Mary Sophia and Reshma Rockie George (Reuters) -Tesla shares sank more than 11% on Wednesday as its shrinking…
Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say
By Anirban Sen (Reuters) – L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached U.S.…
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar…
Exclusive-Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
By David Shepardson (Reuters) -Chrysler parent Stellantis paid $190.7 million in civil penalties for failing to meet U.S. fuel economy…