(Reuters) -Some of BP’s largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming…
Vietnam EV maker VinFast names founder as CEO, replaces CFO
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer,…
Phillips 66 in talks for non-core assets sale: CEO
By Mrinalika Roy and Laura Sanicola (Reuters) -U.S. refiner and petrochemical manufacturer Phillips 66 is in active discussions for a…
Apple slides to eight-week low after second rating downgrade in a week
(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the…
Pharmacy chain Walgreens cuts dividend to save cash, shares slump
By Bhanvi Satija and Mariam Sunny (Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts…
Conagra Brands cuts annual forecasts on sluggish demand recovery
By Juveria Tabassum (Reuters) -Conagra Brands cut its annual organic net sales growth and profit forecasts on Thursday, warning of…
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully…
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Goldman Sachs Asset Management raises $650 million for life sciences fund
(Reuters) – Goldman Sachs Asset Management said on Wednesday it had raised $650 million for a new fund that will…