By Lisa Richwine LOS ANGELES (Reuters) – Actor George Clooney, a key Democratic fundraiser who made a public call for President Joe Biden to drop his reelection bid, endorsed Vice President Kamala…
Author: Financial Edge Daily
Disney’s shareholder Perlmutter sells his stake after proxy fight loss, WSJ reports
(Reuters) – Isaac Perlmutter, one of the largest investors in Walt Disney, has sold his entire stake in the media company after losing the proxy fight, the Wall Street Journal reported on…
Exclusive-Harris leads Trump 44% to 42% in US presidential race, Reuters/Ipsos poll finds
By Jason Lange (Reuters) – Vice President Kamala Harris opened up a marginal two-percentage-point lead over Republican Donald Trump after President Joe Biden ended his re-election campaign and passed the torch to…
US private equity firm Stonepeak to acquire NZ’s Arvida Group in $746 million deal
(Reuters) -U.S.-based private equity firm Stonepeak said it would buy New Zealand’s Arvida Group for NZ$1.24 billion ($745.74 million) excluding debt, sending the aged care provider’s shares up nearly 60% on Monday…
Pelosi endorses Harris for US president -statement
WASHINGTON (Reuters) – U.S. Representative Nancy Pelosi, a former House speaker and influential voice in the Democratic Party, endorsed Vice President Kamala Harris on Monday as the Democratic 2024 presidential nominee. “My…
Exclusive-Former attorney general Holder to vet Harris’ potential running mates, sources say
By Jeff Mason and Jarrett Renshaw (Reuters) -Former Attorney General Eric Holder and his law firm, Covington & Burling LLP, will conduct vetting of potential running mates for Vice President Kamala Harris’…
Investment funds buy $28.837 billion 10-year note in July – U.S. Treasury
July 22 (Reuters) – Large investment managers bought $28.837 billion at a 10-year note auction held in July, compared with the $26.477 billion they purchased the previous month, data from the U.S….
Exclusive-ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say
By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) – Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector…
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the matter. The automaker sent some production employees home early during…
Activist investor Elliott builds sizeable stake in Starbucks, says source
(Reuters) -Activist investor Elliott Investment Management has built a sizeable stake in Starbucks, a source told Reuters on Friday. The Wall Street Journal had first reported on the development. Elliott has been…