Carl Icahn’s investment firm tumbles 18% after Hindenburg attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…
Boeing supplier Spirit Aero flags $31 million hit from 737 fuselage defect
(Reuters) -Spirit AeroSystems Holdings Inc said on Wednesday it expects a $31 million hit to full-year gross profit from disruptions…
Wall St gains ahead of Fed meeting outcome
(Reuters) – Wall Street’s main indexes climbed on Wednesday after a selloff in the previous session, with investors assessing the…
India’s Go First touts owner, govt backing after bankruptcy filing
(Reuters) – The owner of Go Airlines (India) has no plans to exit the budget carrier after engine troubles forced…
FRC: First Republic Bank Taken Over by JP Morgan in Efforts to Stabilize Banking Sector
First Republic Bank has finally announced that it will sell the remainder of its assets to JP Morgan to the tune of…
Robinhood, securities regulators face off over Massachusetts fiduciary rule
(Reuters) – Massachusetts’ highest court on Wednesday will consider whether to revive a state fiduciary duty rule that was central…
Carlsberg agrees to pay 50 million euro fine in German price-fixing case
(Reuters) – Danish brewer Carlsberg (OTC:CABGY) has reached a settlement with German authorities and agreed to pay a 50 million-euro…
CVS cuts annual profit forecast as M&As seen driving up costs
(Reuters) – CVS Health Corp cut its full-year profit forecast on Wednesday, citing increased costs related to its acquisitions of…
Tesla resumes US orders for Model 3 long-range version at lower price
Tesla (NASDAQ:TSLA) Inc has resumed taking orders for its Model 3 long-range version in the United States, the company’s website…
Lufthansa sees earnings boost from strong summer travel
(Reuters) – German airline group Deutsche Lufthansa (ETR:LHAG) said it expected strong demand for holiday travel this summer to fill…