Craft retailer Joann approved to exit bankruptcy, slash $505 million debt
By Dietrich Knauth NEW YORK (Reuters) – Craft retailer Joann Inc received a U.S. bankruptcy judge’s approval on Thursday for…
Tag: Updated
Microsoft-backed Rubrik’s stock jumps 21% in NYSE debut
(Reuters) -Rubrik’s shares climbed nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed…
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
By Blake Brittain (Reuters) -GlaxoSmithKline sued Pfizer and BioNTech in Delaware federal court on Thursday, accusing them of infringing GSK…
Biden rule grants overtime pay to 4 million US workers
By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay…
WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company
By Dietrich Knauth (Reuters) -WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire…
IBM nearing deal for cloud software provider HashiCorp, source says
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on…