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…
Category: Business
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…
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…
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…
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…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
Broadcom’s critics reject its cloud licensing changes
By Foo Yun Chee BRUSSELS (Reuters) -Broadcom’s critics on Monday rejected the U.S. chipmaker’s changes to its cloud licensing practices,…
Take Five: Dancing to the dollar’s beat
(Reuters) -Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the…
Tesla cuts prices in China, Germany and around globe after US cuts
By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major…