(Reuters) -WeWork Inc is in talks with investors to restructure its outstanding debt of more than $3 billion and raise more cash, the New York Times reported on Tuesday. Shares of the company rose about 5% in extended trading following the news. The company, which offers workstations, private offices and customized floors, had enjoyed a …
WeWork in talks with investors to restructure over $3 billion debt – NYT Read More »
Por Jarrett Renshaw 7 mar (Reuters) – El presidente de Estados Unidos, Joe Biden, tratará de aumentar el impuesto de Medicare a personas con resnta alta e impulsar más negociaciones sobre los precios de los medicamentos para ayudar a mantener la solvencia del programa federal de seguro médico hasta al menos 2050, como parte de …
Biden quiere reforzar Medicare gravando a los estadounidenses con rentas altas Read More »
MADRID, 7 mar (Reuters) – El partido socialista, en el poder en España, ahondó el martes sus diferencias con su socio de coalición, Unidas Podemos, al tratar de cerrar una laguna jurídica en la nueva ley contra la violencia sexual que algunos violadores condenados han utilizado para reducir sus penas o conseguir la libertad anticipada. …
By Diane Bartz and David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed suit on Tuesday to stop JetBlue Airways Corp from buying Spirit Airlines Inc, saying the planned $3.8 billion merger “will lead to higher fares and fewer seats, harming millions of consumers on hundreds of routes.” Attorney General Merrick Garland said Spirit’s …
US sues to stop JetBlue’s deal for Spirit, cites consumer harm Read More »
(Reuters) – The U.S. Justice Department filed a lawsuit to stop JetBlue Airways from buying Spirit Airlines, saying that the planned merger “would put travel out of reach for many cost-conscious travelers”. JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its $3.8 billion merger offer in late July …
DoJ sues to block JetBlue, Spirit Airlines merger Read More »
By Kanishka Singh, David Shepardson and Hilary Russ WASHINGTON (Reuters) -Starbucks Corp interim Chief Executive Officer Howard Schultz has agreed to testify this month before a U.S. Senate committee after earlier resisting requests to appear and answer questions about the company’s compliance with labor law. Schultz will testify on March 29 before the Senate Health, …
Under pressure, Starbucks CEO agrees to testify before US Senate panel Read More »
By Carolina Mandl NEW YORK (Reuters) – Billionaire investor Ken Griffin, the founder of Citadel and Citadel Securities, said on Tuesday the Federal Reserve needs more consistency of communication in order to tame inflation and that the setup for a recession is unfolding. “If I could tell one thing to the (Fed) chairman, I would …
Citadel’s Griffin says the Fed needs more consistency to tame inflation Read More »
By Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve could raise interest rates to 6% and keep them there for an extended period of time to fight inflation, said Rick Rieder, chief investment officer of global fixed income at BlackRock, the world’s largest asset manager. Federal Reserve Chair Jerome Powell told U.S. lawmakers …
BlackRock sees ‘reasonable chance’ of Fed raising rates to 6% Read More »
SAO PAULO (Reuters) – Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top shareholders. The company added that so far there is no agreement on the proposal. ($1 = 5.1910 reais) (Reporting by Carolina Pulice; Editing …
Americanas proposes $1.9 billion for creditors from top shareholders Read More »
By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) -Bank of America Corp’s Chief Executive Officer Brian Moynihan had a clear message for shareholders on Tuesday: “We are capitalists.” The proclamation from the head of the second-largest U.S. lender might seem obvious, but comes at a time when Wall Street titans face more criticism for …
Bank of America CEO says ‘we are capitalists’ as anti-ESG critics gain steam Read More »
