Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Carl Icahn boosts Xerox stake to over 14%
(Reuters) - Billionaire activist investor Carl Icahn raised his stake in U.S. printer maker Xerox Holdings Corp to about 14.4% as of Nov. 5, according to a filing https://www.sec.gov/Archives/edgar/da...
Nov 05, 2020
Uber still sees profit by end 2021 but misses Wall Street quarterly revenue target
By Tina Bellon and Akanksha Rana (Reuters) - Uber Technologies Inc on Thursday stuck to its projection of making an adjusted profit by the end of next year despite the pandemic, as demand for its food...
Nov 05, 2020
Canada’s Ontario province boosts spending to address COVID-19
TORONTO (Reuters) - Ontario, Canada's most-populous province, said on Thursday it would spend more on health and support for the economy during the coronavirus crisis, as it projected a record budget ...
Nov 05, 2020
Fed says it will move up release of economic projection materials
(Reuters) - The Federal Reserve is making key changes to how it shares information about policymakers' outlooks for interest rates and the economy by releasing more information immediately after its p...
Nov 05, 2020
Carlos Ghosn’s accused escape plotters face skeptical U.S. judge in extradition fight
By Nate Raymond BOSTON (Reuters) - A federal judge in Boston said on Thursday she would likely reject a last-ditch effort by two men to avoid being extradited to Japan to face charges that they helped...
Nov 05, 2020
Bentley’s luxury car range to be fully electric by 2030
By Nick Carey LONDON (Reuters) - Bentley Motors' model line-up will include only plug-in hybrids and electric cars by 2026 and will be fully electric by 2030, the British luxury carmaker said on Thurs...
Nov 05, 2020
Apple must face shareholder lawsuit over CEO Cook’s China sales comments
By Jonathan Stempel (Reuters) - Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in Chin...
Nov 05, 2020
Analysis: Stock-picking hedge funds extend payday in trading after U.S. Election Day
By Svea Herbst-Bayliss and Maiya Keidan BOSTON (Reuters) - Some U.S. stock investors had feared election week turmoil, but voters' decisions at the ballot box helped many stock picking hedge funds ext...
Nov 05, 2020
U.S. sues Visa to block its acquisition of Plaid
(Reuters) - The U.S. government on Thursday filed a lawsuit seeking to block Visa Inc from purchasing the financial technology firm Plaid. In a complaint filed with the federal court in San Francisco,...
Nov 05, 2020
IMF, World Bank postpone planned 2021 meeting in Morocco by one year
WASHINGTON (Reuters) - The Moroccan government, the World Bank and the International Monetary Fund on Thursday said they will postpone plans to hold the World Bank Group-IMF Annual Meetings in Marrake...
Nov 05, 2020
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