Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
ByteDance’s valuation slumps to $223.5 billion – The Information
(Reuters) - Short video app TikTok parent ByteDance was valued at $223.5 billion in a new employee share buyback, about 26% lower than a year ago, the Information reported on Monday. The company did n...
Syndicated Content Oct 02, 2023
Ally Financial to lay off nearly 5% of staff
(Reuters) - Ally Financial said on Monday job cuts in various divisions of the digital banking firm will affect nearly 5% of its workforce. Spooked by a turbulent economy, several banks have had to cu...
Syndicated Content Oct 02, 2023
Carlyle dismantling US consumer investing team – Bloomberg News
(Reuters) - Private equity firm Carlyle Group is dismantling its U.S. consumer, media and retail investing team as it shifts focus to sectors such as healthcare and technology, Bloomberg News reported...
Syndicated Content Oct 02, 2023
Kellanova, WK Kellogg shares slump on first day after spinoff
By Chibuike Oguh and Granth Vanaik NEW YORK (Reuters) - Shares of Kellanova fell more than 7% on Monday after the packaged food giant, previously known as Kellogg Company, completed the spinoff of its...
Syndicated Content Oct 02, 2023
Elon Musk’s X hit with trademark lawsuit from marketing agency
By Blake Brittain (Reuters) - X Corp, formerly known as Twitter, was sued in federal court in Florida on Monday by a legal-marketing company that claims the social media giant's new name infringes its...
Syndicated Content Oct 02, 2023
Brazil September trade surplus hits record but misses expectations
BRASILIA (Reuters) - Brazil's trade surplus reached a historic high for September, but fell slightly short of market estimates, according to government data released on Monday. The trade surplus for t...
Syndicated Content Oct 02, 2023
Exclusive-US warned China to expect updated export curbs in October-US official
By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON (Reuters) - The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China...
Syndicated Content Oct 02, 2023
GM, Stellantis face $9.5 billion in fuel economy fines — letter
WASHINGTON (Reuters) - The Biden administration proposal to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fuel economy fines and Chrysler parent Stellantis $3 bill...
Syndicated Content Oct 02, 2023
Former CNN Chief Jeff Zucker buys stake in Front Office Sports
(Reuters) - Jeff Zucker-led RedBird IMI has invested in Front Office Sports (FOS) and the former CNN president will join its board as co-chair, the media company focused on sports business said on Mon...
Syndicated Content Oct 02, 2023
Fed’s Barr says his focus is on how long to hold rates high
(Reuters) - Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed "carefully" on monetary policy, adding that his focus is less on how much higher...
Syndicated Content Oct 02, 2023





