Brazil’s Gol sees loss of 1.98 real per share in Q1
(Reuters) – Brazilian airline Gol SA said on Monday it expects to report a loss of 1.98 real per share in the first quarter of 2022 and a loss of…
Dow Futures up 0.1% Ahead of Key Inflation Report
By Oliver Gray Investing.com – Dow futures moved slightly higher in overnight trading on Monday, following declines among major benchmark averages during regular trade as U.S. Treasury yields surged ahead…
Walgreens flooded Florida with addictive opioids, lawyer tells jury
By Dietrich Knauth (Reuters) -Walgreens Boots Alliance Inc supplied billions of opioid pills to drug addicts and criminals, contributing to an addiction epidemic in Florida, a lawyer for the state…
Wall Street stumbles as surging Treasury yields slam growth stocks
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on…
Buffett needed two weeks for $11.6 billion Alleghany purchase, balked at Goldman fee
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway (NYSE:BRKa) Inc’s $11.6 billion takeover of Alleghany (NYSE:Y) Corp, its largest acquisition…
Pendal says Perpetual’s offer significantly undervalues investment manager
(Reuters) -Pendal Group Ltd said on Tuesday the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd “significantly undervalued” the Australian investment manager. The A$6.23 per share…
Oil Edges Higher After Slump as Investors Assess China Outlook
(Bloomberg) — Oil gained — after sliding 4% on Monday — as investors assessed the outlook for Chinese demand following the easing of some virus restrictions in Shanghai. West Texas…
Meta to start testing money-making tools for its metaverse
(Reuters) -Facebook owner Meta Platforms is beginning to test tools for selling digital assets and experiences within its virtual reality platform Horizon Worlds, a key part of its plan for…
Chevron, union meet as California refinery strike enters third week -official
By Erwin Seba HOUSTON (Reuters) – Chevron Corp (NYSE:CVX) and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at…
Elon Musk drops Twitter board seat in new U-turn
By Abinaya V and Nivedita Balu (Reuters) -Tesla Inc Chief Executive Elon Musk disclosed on Monday he had abandoned a plan to join Twitter Inc (NYSE:TWTR)’s board just as his…