Business

Former JPMorgan Chase banker expands lurid sexual harassment, racism lawsuit

Monday, July 27 by SRN News

By Jonathan Stempel NEW YORK, July 27 (Reuters) - The former JPMorgan Chase banker whose lurid sexual harassment lawsuit went viral added new claims and defendants on Monday, saying the largest U.S. bank's acceptance of racism and sexual coercion irreparably destroyed his career. Chirayu Rana said... Read More.

Monte dei Paschi, Banco BPM working on deal with cash component, Bloomberg News reports

Monday, July 27 by SRN News

July 27 (Reuters) - Banca Monte dei Paschi di Siena and Banco BPM advisers are exploring a merger that would mix cash and shares as a possible alternative to Intesa Sanpaolo's offer for Monte Paschi, Bloomberg News reported on Monday. The advisers are working on... Read More.

Apollo Global to invest $1.5 billion in Keppel oil rig fund

Monday, July 27 by SRN News

July 27 (Reuters) - Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that will hold six operational oil rigs, the two companies said on Monday. The deal will help Keppel monetise its non-core assets and unlock capital for re-investment,... Read More.

LVMH sales rise as US luxury demand offsets hit from Iran war

Monday, July 27 by SRN News

By Dominique Patton PARIS, July 27 (Reuters) - Luxury giant LVMH reported a rise in quarterly sales on Monday as strong demand in the United States helped offset weaker spending in Europe and the Gulf due to the Iran war. Second-quarter sales at the owner... Read More.

Expand Energy to beef up gas marketing business with $1.25 billion Twin Eagle deal

Monday, July 27 by SRN News

By Sumit Saha July 27 (Reuters) - Expand Energy said on Monday it would buy privately held natural gas marketer Twin Eagle Holdings from Five Point Infrastructure for $1.25 billion to expand its marketing business across North America. With U.S. natural gas demand expected to grow,... Read More.

Cracker Barrel CEO steps down a year after logo debacle

Monday, July 27 by SRN News

Cracker Barrel's CEO is stepping down nearly a year after an attempted rebrand of the chain led to a fierce customer backlash. Cracker Barrel said Monday that CEO Julie Masino will step down next month but remain with the company until Oct. 9 in an... Read More.

OpenAI’s Sam Altman to meet with Senate Intelligence Committee’s top Democrat

Monday, July 27 by SRN News

WASHINGTON, July 27 (Reuters) - OpenAI CEO Sam Altman will meet with Democratic Senator Mark Warner in Washington this week, Warner's spokesperson said, in the wake of OpenAI's disclosure that one of its AI systems had gone rogue during testing. Warner is the top... Read More.

Philip Morris doubles Colorado campus investment to $1.2 billion

Monday, July 27 by SRN News

July 27 (Reuters) - Philip Morris International said on Monday it had doubled its planned investment in its Colorado manufacturing campus to about $1.2 billion through 2028, as it expands production capacity for the Zyn nicotine pouch business. The company in 2024 had initially announced... Read More.

Clinton Foundation launches an institute to help state governments find nonpartisan solutions

Monday, July 27 by SRN News

The Clinton Foundation unveiled a new initiative Monday to help state and local governments develop and enact nonpartisan policy solutions to improve health outcomes, especially for women and children, economic security and democracy. The foundation's first new initiative in more than a decade, the Clinton... Read More.

Wall St opens higher as pause in US-Iran hostilities lifts sentiment

Monday, July 27 by SRN News

July 27 (Reuters) - Wall Street's main indexes opened higher on Monday after the United States and Iran paused hostilities, boosting risk appetite ahead of a week of major earnings, economic data and an interest rate decision. The Dow Jones Industrial Average rose 226.2 points,... Read More.

Current Weather

Former JPMorgan Chase banker expands lurid sexual harassment, racism lawsuit

Monte dei Paschi, Banco BPM working on deal with cash component, Bloomberg News reports

Apollo Global to invest $1.5 billion in Keppel oil rig fund

LVMH sales rise as US luxury demand offsets hit from Iran war

Expand Energy to beef up gas marketing business with $1.25 billion Twin Eagle deal

Cracker Barrel CEO steps down a year after logo debacle

OpenAI’s Sam Altman to meet with Senate Intelligence Committee’s top Democrat

Philip Morris doubles Colorado campus investment to $1.2 billion

Clinton Foundation launches an institute to help state governments find nonpartisan solutions

Wall St opens higher as pause in US-Iran hostilities lifts sentiment

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