By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters,…
Charter to pay $15 million to resolve US probe into network outage rules
WASHINGTON (Reuters) – Charter Communications will pay a $15 million civil penalty to resolve an investigation into compliance with network…
Oil falls 2% as Israel seeks to avoid broader Middle East conflict
By Laila Kearney NEW YORK (Reuters) -Oil fell by nearly 2% on Monday after Israeli officials said they wanted to…
Exclusive-Don’t bomb Beirut: U.S. leads push to rein in Israel’s response
By Maya Gebeily, Laila Bassam and Timour Azhari (Reuters) – The United States is leading a diplomatic dash to deter…
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…
Ackman cuts new fund’s target size, asks investors to commit
By Svea Herbst-Bayliss (Reuters) – Bill Ackman said his new U.S. listed fund, Pershing Square USA, will be dramatically smaller…
Bank of Canada pivots to boosting economic growth, raising rate cut bets
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) – The Bank of Canada is shifting its focus to boosting the…
Barclays tries to slash UK investors’ $720 million ‘dark pool’ lawsuit
By Sam Tobin LONDON (Reuters) – Barclays on Monday asked London’s High Court to more than halve a shareholders’ lawsuit…
Berkshire Hathaway cuts stake in China’s BYD to below 5%
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be…