Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales
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The New York Times - Business
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.Yesterday - Joe Biden -
The Wall Street Journal - Business
Musk Vows Legal Action After FAA Urges Fines Against SpaceX
The rocket company’s CEO accuses the Federal Aviation Administration of “regulatory overreach” after the agency alleges the company violated launch regulations.Yesterday - Elon Musk -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
VentureBeat - Tech
Pipedrive brings new AI-powered Pulse to its sales CRM
Pulse, therefore, is designed to streamline the process of sorting the most valuable and close-to-closing deals.Yesterday -
The New York Times - Business
Air Mail, Digital Weekly for the Smart Set, Is Said to Be Exploring a Sale
The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.Yesterday -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rateYesterday -
ABC News - Sports
Stanley Cup champion Panthers agree to extend arena deal with Broward County through at least 2033
The Stanley Cup champion Florida Panthers are extending their operating agreement with Broward County for five more years, ensuring that the team remains in the market through 2033 and likely well ...Yesterday - NHL -
ABC News - Tech
FAA wants to fine SpaceX $633,000 for alleged safety violations during 2 Florida launches
SpaceX faces $633,000 in fines for alleged safety violations during two Florida launches last yearYesterday - Florida -
CNBC - Business
Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors
Hedge fund managers sit on the boards of Bausch Health and Bausch + Lomb. They don’t think like your typical corporate board, writes Ken Squire of 13D Monitor.Yesterday -
Financial Times - Business
BP’s US wind sale will not clear its strategic fog
UK oil major has underperformed its rivals as oil prices have started to sink2 days ago -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.2 days ago -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...2 days ago -
The Wall Street Journal - Business
Philip Morris to Take $220 Million Loss on Sale of Inhaled-Medicine Unit
Philip Morris said it expects to record a loss on the sale of its inhaled-therapeutics unit to Molex Asia Holdings as it retools its pharmaceutical business.2 days ago -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offering2 days ago -
CBS News - Top stories
Why first-time homebuyers are at a disadvantage
First-time homebuyers are getting locked out of the market because high interest rates keep people from selling, a spike in all cash offers, and millennials — the largest generation — are competing ...2 days ago -
MarketWatch - Business
Polestar’s stock rises as it maintains Nasdaq listing requirements
Polestar Automotive Holding’s stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve -
The Guardian - World
Guardian parent company in talks over potential sale of Observer
Guardian Media Group announces it is in negotiations with Tortoise Media over world’s oldest Sunday newspaper. The Guardian’s parent company has announced that it is in formal negotiations with ...2 days ago -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.2 days ago -
Financial Times - Business
Treasury ‘saying no to everything’ will hit growth, warns Burnham
Manchester mayor says powerful finance ministry has to fundamentally change way it thinks2 days ago -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companies2 days ago -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
CBS News - Top stories
Here's when Amazon's October Prime Day sale is happening
Mark your calendars: Prime Big Deal Days is back this October. Here's what the holiday kick-off sale will begin.2 days ago -
The New York Times - Top stories
Kimmel Takes Stock of Trump’s Rhetoric After Suspect’s Arrest
Jimmy Kimmel said the former president, who blamed Democrats for “highly inflammatory language,” was himself “not a calming influence.”2 days ago -
Financial Times - Business
Fund managers bemoan lack of choice in UK stock market
Rise in foreign takeovers and shortage of IPOs reduce pool that investors can select from2 days ago - United Kingdom