Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Crown Castle gives in to Elliott’s demands with fiber unit review, board changes
(Reuters) - Crown Castle on Wednesday announced a review of its fiber business and replaced two directors on its board as part of a deal with activist investor Elliott, which has sought to shake up th...
Dec 20, 2023
Wall St opens lower as rate-cut rally fizzles; FedEx slides
(Reuters) - Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx tumble...
Dec 20, 2023
Fed hawks, doves, and centrists: Tracking US central bankers’ views
(Reuters) - The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market an...
Dec 20, 2023
US current account deficit narrows in third quarter on petroleum exports
WASHINGTON (Reuters) - The U.S. current account deficit was the smallest in more than two years in the third quarter amid rising petroleum exports, government data showed on Wednesday. The Commerce De...
Dec 20, 2023
Shipping industry in the dark over US-led Red Sea navy force
By Jonathan Saul LONDON (Reuters) - Shipping companies remain in the dark over a new international navy coalition being assembled by the United States to combat attacks in the Red Sea, with many vesse...
Dec 20, 2023
Global regulators make tackling non-bank leverage a priority for 2024
By Huw Jones LONDON (Reuters) - Tackling hidden leverage across the multi-trillion dollar "shadow banking" sector is next year's priority, global financial regulators said on Wednesday, but the challe...
Dec 20, 2023
Sony highlights PS5 momentum as hardware sales top 50 million
By Sam Nussey TOKYO (Reuters) - Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive said, with lifetime sales exceeding 50 million units and the company recording it...
Dec 20, 2023
Brazil economic activity down 0.06% in October
SAO PAULO (Reuters) - Economic activity in Brazil performed worse than expected in October, central bank data showed on Wednesday, corroborating broad readings of economic cooling. The IBC-Br index, a...
Dec 20, 2023
General Mills cuts annual sales forecast on slowing demand
(Reuters) - General Mills cut its annual sales forecast on Wednesday, hurt by slowing demand for its higher-priced breakfast cereals, snack bars and pet food products. Shares of the Cheerios cereal ma...
Dec 20, 2023
US 30-year mortgage rate drops to 6.83%, its lowest since June
By Ann Saphir (Reuters) - The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising borrowin...
Dec 20, 2023
