Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Hedge funds’ bearish bets get crushed in post-Fed meeting rally
By Carolina Mandl and Summer Zhen NEW YORK/HONG KONG (Reuters) - Global equities long/short hedge funds' bets against U.S. stocks got squeezed in the last two days after U.S. bond yields slid, two inv...
Syndicated Content Dec 15, 2023
US rules could force early production halt to some gas vehicles — letter
WASHINGTON (Reuters) - A group representing major automakers urged the Biden administration to make significant changes in three proposed vehicle rules, warning they could force car companies to hasti...
Syndicated Content Dec 15, 2023
GM-owned Cruise’s bumpy road to driverless ambitions
(Reuters) - General Motors' self-driving cab service Cruise has come under heat from regulatory bodies over the past few months after one of its driverless cabs was not able to stop in time from hitti...
Syndicated Content Dec 15, 2023
Panama starts process for First Quantum’s mine ‘definitive’ closure
(Reuters) - Panama has started the process for Canadian miner First Quantum's Cobre Panama mine's "definitive" closure, a government statement said on Friday, following the official notification for t...
Syndicated Content Dec 15, 2023
HCSC, Elevance compete for Cigna Medicare Advantage unit – Bloomberg News
(Reuters) - Health Care Service Corp and Elevance Health are competing to acquire Cigna Group's business providing medical coverage to those aged 65 and over, Bloomberg reported on Friday, citing peop...
Syndicated Content Dec 15, 2023
Exclusive-Ecuador will cut $1 billion in spending before seeking loans, sell some gold, president says
By Alexandra Valencia QUITO (Reuters) - Ecuador's new government will cut $1 billion in spending to deal with "brutal inefficiency" before potentially seeking loans from multilateral organizations, an...
Syndicated Content Dec 15, 2023
Greek-yogurt maker Chobani buys coffee company La Colombe for $900 million
(Reuters) - Greek-yogurt maker Chobani said on Friday it had bought ready-to-drink coffee maker La Colombe for $900 million to expand its beverage business. Chobani said it bought the Philadelphia-bas...
Syndicated Content Dec 15, 2023
CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate
(Reuters) - The Congressional Budget Office projects U.S. economic growth to slow to 1.5% in 2024, with the unemployment rate seen rising to 4.4% next year from what it estimates will be a 3.9% averag...
Syndicated Content Dec 15, 2023
Pemex’s failure to pay debts threatens suppliers’ survival, industry warns
By Adriana Barrera (Reuters) - Mexican state energy company Pemex's mounting debt with oil service providers as well as private crude and gas producers threatens production, investment and in some cas...
Syndicated Content Dec 15, 2023
Hewlett Packard Enterprise hires HP Inc’s Marie Myers as CFO
(Reuters) - Hewlett Packard Enterprise said on Friday HP Inc's finance chief Marie Myers would join the server maker as its chief financial officer (CFO) on Jan. 15. Myers, who was HP's finance lead d...
Syndicated Content Dec 15, 2023
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