Business

Lincoln International valued at $2.3 billion as shares jump in NYSE debut

Wednesday, May 20 by SRN News

By Arasu Kannagi Basil May 20 (Reuters) - Lincoln International notched a $2.3 billion valuation after shares gained 12.6% in their New York debut on Wednesday as investors snapped up a rare opportunity to buy equity in a U.S. investment bank. The Chicago, Illinois-based firm's stock... Read More.

Exclusive-British theatre group ATG Entertainment readied for sale, sources say

Wednesday, May 20 by SRN News

By Amy-Jo Crowley and Milana Vinn LONDON/NEW YORK, May 20 (Reuters) - British West End theatre operator ATG Entertainment is in the early stages of being prepared for a possible sale by its private equity owner, four people familiar with the matter said. A decision to... Read More.

Airbus informs some customers of further A350 delays, sources say

Wednesday, May 20 by SRN News

By Tim Hepher PARIS, May 20 (Reuters) - Airbus has informed some customers of further delays to A350 deliveries later this decade, raising fresh concerns over shipments from a U.S. parts factory recently acquired by the European planemaker, three industry sources said. The sources said the... Read More.

PepsiCo to raise prices on small chip bags, Bloomberg reports

Wednesday, May 20 by SRN News

May 20 (Reuters) - PepsiCo is preparing to raise prices on some of its smaller bags of chips due to higher expenses in the U.S., Bloomberg News reported on Wednesday. The planned increases were prompted by higher production, distribution and retail expenses in the U.S.,... Read More.

USTR welcomes EU progress on trade deal, says Brussels must also address non-tariff barriers

Wednesday, May 20 by SRN News

WASHINGTON, May 20 (Reuters) - The U.S. Trade Representative's office on Wednesday welcomed the European Union's provisional agreement on legislation to remove import duties on U.S. goods, but said Brussels also needed to address non-tariff barriers and regulatory matters identified in a trade deal... Read More.

Nashville gives hint of Super Bowl 2030 as officials celebrate Music City’s biggest event yet

Wednesday, May 20 by SRN News

NASHVILLE, Tenn. (AP) - Nashville gave a hint Wednesday of what the NFL and football fans can expect in 2030 from Music City for Super Bowl 64. Broadcaster Jim Nantz handled emcee duties, and country star Eric Church sat in the front row of a... Read More.

Business Insider CEO Barbara Peng to depart end June

Wednesday, May 20 by SRN News

May 20 (Reuters) - Business Insider CEO Barbara Peng will leave the media company by the end of next month to pursue new opportunities created by technological change, she said on Wednesday. Christian Baesler will assume the role of interim lead, according to a memo... Read More.

Volkswagen is not in talks with Chinese, CEO says in bid to calm workers

Wednesday, May 20 by SRN News

By Rachel More BERLIN, May 20 (Reuters) - Germany's Volkswagen is not currently in talks with Chinese manufacturers regarding overcapacity at its car plants in Europe, although the problem does have to be addressed, CEO Oliver Blume told a general assembly of workers on Wednesday. The... Read More.

James Murdoch to acquire three major units of Vox Media

Wednesday, May 20 by SRN News

May 20 (Reuters) - James Murdoch is acquiring three major divisions of Vox Media, including the firm's New York Magazine and podcast network that together reach tens of millions of people, the digital media outlet said on Wednesday. The deal is being executed through Murdoch's... Read More.

US sanctions hit alleged Sinaloa cartel fentanyl network, including a Chihuahua restaurant

Wednesday, May 20 by SRN News

WASHINGTON (AP) - The U.S. imposed sanctions Wednesday on more than a dozen people, a Mexican restaurant and a security firm linked to Mexico's powerful Sinaloa cartel and its fentanyl trafficking activities. Treasury's Office of Foreign Assets Control targeted Jesus Gonzalez Penuelas, a fugitive known... Read More.

Current Weather

Lincoln International valued at $2.3 billion as shares jump in NYSE debut

Airbus informs some customers of further A350 delays, sources say

PepsiCo to raise prices on small chip bags, Bloomberg reports

USTR welcomes EU progress on trade deal, says Brussels must also address non-tariff barriers

Nashville gives hint of Super Bowl 2030 as officials celebrate Music City’s biggest event yet

Business Insider CEO Barbara Peng to depart end June

Volkswagen is not in talks with Chinese, CEO says in bid to calm workers

James Murdoch to acquire three major units of Vox Media

US sanctions hit alleged Sinaloa cartel fentanyl network, including a Chihuahua restaurant

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