The Supreme Court Dobbs v. Jackson ruling that overturned Roe v. Wade has Americans on both sides of the abortion rights issue engulfed in high emotion. There is a lot Read more
Tag: Corporate Actions
Elon Musk’s motion to oppose expedited trial ‘fails at every level,’ Twitter says
Twitter Inc. responded Monday to Elon Musk’s motion opposing the company’s request to expedite a trial over his intention to terminate his $44 billion takeover, saying it “fails at every level.” The social-media company said Read more
Elon Musk reportedly plans to countersue Twitter to get out of deal
Elon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a Read more
Nancy Pelosi’s husband buys millions in Nvidia stock before semiconductor vote
The husband of House Speaker Nancy Pelosi just bought as much $5 million worth of stock in software and computer-chip company Nvidia, publicly available financial disclosures show. According to the Read more
GM stock gets a downgrade amid worries about a recession
Analysts at Deutsche Bank soured on General Motors Co., saying in a note Monday they have turned “much more cautious” about auto makers on growing worries about a recession in Read more
GE to name its power business GE Vernova after split off
GE Vernova will be the name of General Electric Co.’s power business when it splits off from the company in 2024. The new name, GE said, is a mashup of Read more
Stellantis to terminate Jeep China joint venture
Stellantis NV said Monday that it will end the joint venture that makes and distributes its Jeep brand in China and focus on selling imported Jeep cars in the country. Read more
Nordea profit beats forecasts, launches $1.51 billion buyback
Nordea Bank Abp on Monday posted a forecast-beating second-quarter net profit as growing lending volumes drove net interest income higher, and said it has decided to launch a new share Read more
Nordea profit beats forecasts, launches $1.51 billion buyback
Nordea Bank Abp on Monday posted a forecast-beating second-quarter net profit as growing lending volumes drove net interest income higher, and said it has decided to launch a new share Read more
ANZ to buy Australian regional lender Suncorp Bank for A$4.9 billion
Australia & New Zealand Banking Group Ltd. AU:ANZ said it has agreed to buy regional lender Suncorp Bank for about 4.9 billion Australian dollars ($3.3 billion), in a deal that Read more