The move from the Financial Stability Oversight Council would likely ease or repeal Trump-era restrictions that sought to limit the regulation of nonbanks, according to people familiar with the process. Source link Source link
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Tag: Ownership Changes
Business Autos & Transportation Autos Industry Auto maker agrees to two-year pay deal with Germany’s largest labor union Source link Source link
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Democrats say company staff cutbacks are threatening user security, while Republicans maintain that the dispute is over free speech. Source link Source link
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Sports Soccer The club’s U.S. owners said they would consider a sale of one of the world’s most prominent sports brands. The team also announced that it has parted ways with star Cristiano Ronaldo. Source link Source link
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The railroad said the purchase of about 337 miles of railway line that extends from Cincinnati to Chattanooga, Tenn., would eliminate uncertainty around future lease costs. Source link Source link
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The action brings to a close a two-year effort to merge two of the largest book publishers. Source link Source link
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Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company. Source link Source link
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The German car maker will end production of such vehicles at its joint venture with SAIC Motor in August 2024 due to changes in market demand. Source link Source link
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Australia’s OZ Minerals says it intends to recommend BHP’s revised offer valuing its equity at $6.34 billion. Source link Source link
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Southeastern Grocers is in talks with prospective buyers about a year after it canceled its plans to go public. Source link Source link
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The media and entertainment company said it would redeem its existing Liberty Braves common stock in exchange for shares in a new company to be called Atlanta Braves Holdings. Source link Source link
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The order is the latest sign of how Western governments are seeking to prevent Chinese ownership of key assets, adding to recent moves in Canada and Germany. Source link Source link
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Tech Federal authorities continue to investigate entity’s relationship with a Chinese startup tied to co-founder Mo Chen Source link Source link
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The Burger King parent expects Patrick Doyle to help improve operations and the company’s share price in his new role. Source link Source link
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Business Earnings Chinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link Source link
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Business Chinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link Source link
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Business Fans report frustration and inability to get tickets for singer’s first concert in five years Source link Source link
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Business Earnings Nation’s largest retailer by revenue raises sales outlook, though it says consumers reduced purchases of electronics and home goods Source link Source link
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The painting is part of a collection of works being sold off by a foundation for CBS founder William Paley to fund an expansion of MoMA’s digital footprint Source link Source link
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Markets Finance Estée Lauder warded off competition from French luxury giant Kering SA Source link Source link
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Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise. Chinese companies have expanded investments at foreign ports in recent years and now run major container terminals in locations including Belgium, Israel, Spain, Sri Lanka and the […]
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Business Norwegian battery maker Freyr and energy conglomerate are accelerating project to tap U.S. government incentives Source link Source link
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Tech Share sale more than offsets losses at SoftBank’s Vision Funds Source link Source link
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Markets Currencies Cryptocurrency Probe focuses on potential securities-law violations by U.S. affiliate Source link Source link
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The auction at Christie’s offered a trove of trophies from artists like Cézanne, Seurat and Botticelli. Source link Source link
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Tech The sale of 19.5 million shares this month in the electric-vehicle maker follows sales in April and August Source link Source link
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