Business

Water to surge into drought-depleted Lake Powell but at costs elsewhere

Wednesday, April 22 by SRN News

FORT COLLINS, Colo. (AP) - Canyons in eastern Utah will churn this spring with huge volumes of water - as much as 50,000 toilets flushing constantly at the same time - in a desperate attempt to maintain electricity generation for thousands of homes across... Read More.

Explainer-How Deutsche Telecom and T-Mobile US could pull off the world’s biggest M&A deal

Wednesday, April 22 by SRN News

LONDON/BERLIN, April 22 (Reuters) - Deutsche Telekom is exploring a possible tie-up with T-Mobile US to create a $300 billion telecoms giant, sources said, in what would overtake Vodafone-Mannesmann's $203 billion merger in 1999 to become the biggest M&A deal ever. The German group already... Read More.

Proxy advisor ISS urges ConocoPhillips shareholders to vote for independent board chair

Wednesday, April 22 by SRN News

April 22 (Reuters) - Proxy advisor ISS on Wednesday recommended that ConocoPhillips shareholders vote in favor of a proposal calling for an independent board chair, citing the need for stronger oversight of management. The non-binding proposal asks the U.S. oil and gas producer to separate... Read More.

US-based Virtus and Indian partner to restart Congo copper miner Chemaf in 2027, union executive says

Wednesday, April 22 by SRN News

By Maxwell Akalaare Adombila DAKAR, April 22 (Reuters) - U.S.-based Virtus Minerals and Indian partner Lloyds Metals & Energy plan to restart full production at Congolese copper and cobalt miner Chemaf in January 2027 after a Washington‑backed takeover, a union executive has told Reuters. Virtus ... Read More.

LinkedIn names insider Daniel Shapero as new CEO

Wednesday, April 22 by SRN News

April 22 (Reuters) - Microsoft's LinkedIn named Chief Operating Officer Daniel Shapero as its new CEO, tapping a veteran of the professional networking site to lead it through an era of AI-driven change. Shapero, who joined LinkedIn in 2008 as a general manager for the... Read More.

A Moldovan oligarch and ex-opposition leader gets a 19-year sentence in a $1 billion bank fraud case

Wednesday, April 22 by SRN News

CHISINAU, Moldova (AP) - A court in Moldova sentenced a former opposition leader and one of the nation's richest men on Wednesday to 19 years in a fraud case that saw a billion dollars stolen from several of the impoverished European country's banks more... Read More.

The Gates Foundation is reviewing its Epstein ties as released emails raise questions for funders

Wednesday, April 22 by SRN News

NEW YORK (AP) - The Gates Foundation is reviewing its ties to convicted sex offender Jeffrey Epstein, the global health funder confirmed Wednesday, as its only remaining founder faces mounting scrutiny over his appearances in Justice Department documents related to its investigation of the... Read More.

Toronto exchange operator to buy Cboe’s Canada, Australia units

Wednesday, April 22 by SRN News

By Anirban Sen and Prakhar Srivastava NEW YORK, April 22 (Reuters) - TMX Group on Wednesday agreed to buy Cboe Global Markets' Canadian and Australian businesses for $300 million, in a deal that further deepens the footprint of the owner of the Toronto Stock Exchange... Read More.

National Healthcare Properties shares fall in Nasdaq debut after $462 million IPO

Wednesday, April 22 by SRN News

April 22 (Reuters) - Shares of National Healthcare Properties fell 3.7% in their Nasdaq debut on Wednesday after the real estate investment trust raised $462 million in its U.S. initial public offering. The New York-based company's stock opened at $11.56 per share, compared with... Read More.

L’Oreal’s quarterly sales up 6.7% on growth in US, emerging markets

Wednesday, April 22 by SRN News

By Dominique Patton PARIS, April 22 (Reuters) - L'Oreal's first-quarter sales rose 6.7%, it said on Wednesday, as strong demand for premium hair products and perfume, particularly in North America and emerging markets, more than offset weakness in the Middle East. The Paris-based maker of Kerastase... Read More.

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Current Weather

Water to surge into drought-depleted Lake Powell but at costs elsewhere

Explainer-How Deutsche Telecom and T-Mobile US could pull off the world’s biggest M&A deal

Proxy advisor ISS urges ConocoPhillips shareholders to vote for independent board chair

US-based Virtus and Indian partner to restart Congo copper miner Chemaf in 2027, union executive says

LinkedIn names insider Daniel Shapero as new CEO

A Moldovan oligarch and ex-opposition leader gets a 19-year sentence in a $1 billion bank fraud case

The Gates Foundation is reviewing its Epstein ties as released emails raise questions for funders

Toronto exchange operator to buy Cboe’s Canada, Australia units

National Healthcare Properties shares fall in Nasdaq debut after $462 million IPO

L’Oreal’s quarterly sales up 6.7% on growth in US, emerging markets

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