When it comes to nostalgia, McDonald’s customers sure are lovin’ it. The burger chain brought back its Halloween pails on Tuesday, which haven’t been offered in the U.S. since 2016. Read more
Tag: Corporate Actions
Biden to promise bill codifying abortion rights if Democrats keep Congress
With three weeks to go until Election Day for the midterm races, President Joe Biden on Tuesday is slated to talk up his party’s support for abortion rights, as Republicans Read more
SoftBank loses $500 million from THG disposal
Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest in Read more
Russia grabs Exxon’s stake in major Sakhalin oil-and-gas project
The Kremlin has pushed Exxon Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas oil giant’s stake to a Russian entity, according to the U.S. company. Moscow blocked Read more
Opinion: If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight
NEW YORK (Project Syndicate)—Politically, the G-7 and like-minded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle Read more
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Read more
What is Parler? Who is the CEO? What to know about Kanye West’s new company:
“In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves,” Ye said in the statement. The Read more
Goldman Sachs to merge businesses into 3 divisions in sweeping reorganization
Goldman Sachs Group Inc. plans to fold its biggest businesses into three divisions, undertaking one of biggest reshuffles in the Wall Street firm’s history. Goldman GS, -2.31% will combine its flagship investment-banking Read more
Activist investor Starboard has nearly 5% stake in Splunk, seeks to boost stock
Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with the Read more
‘This is not QE or QT. This is none of those.’ Why the U.S. Treasury is exploring debt buybacks
The U.S. Treasury Department on Friday said it plans to start talking with primary dealers in late October about the potential for it to begin buying back some of its Read more