News
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Union Pacific nears deal for Norfolk Southern at about $320 a share, Bloomberg News reports
July 28 (Reuters) - Union Pacific UNP.N is nearing an agreement for a cash-and-stock deal for Norfolk Southern NSC.N, valuing the smaller rival at about $320 per share, Bloomberg News reported on Monday, citing people familiar with the matter. The offer would be comprised of about two-thirds in stoc...Reuters
Tue, Jul 29
Ukrainian drone attacks leave one dead, spark fire at train station in Rostov, Russia says
July 29 (Reuters) - Multiple Ukrainian drone attacks across the Rostov region have left one person dead and sparked a fire at a railway station, acting governor of the southern Russian region, Yuri Slyusar, said on Tuesday. In the town of Salsk, a car was damaged as a result of the attack, killing t...Reuters
Tue, Jul 29
South Korea Finance Minister Koo to target mutually beneficial US trade deal
SEOUL, July 29 (Reuters) - South Korean Finance Minister Koo Yun-cheol said on Tuesday he would try to derive a trade agreement with the U.S. that would be mutually beneficial, in comments ahead of his departure to Washington to meet U.S. Treasury Secretary Scott Bessent.Reuters
Tue, Jul 29
Union Pacific nears deal for Norfolk Southern at about $320 a share, Bloomberg News reports
July 28 (Reuters) - Union Pacific UNP.N is nearing an agreement for a cash-and-stock deal for Norfolk Southern NSC.N, valuing the smaller rival at about $320 per share, Bloomberg News reported on Monday, citing people familiar with the matter.Reuters
Tue, Jul 29
Union Pacific Nears Agreement For Stock-And-Cash Deal For Norfolk Southern That Would Value Co At About $320 A Share - Bloomberg News
July 28 (Reuters) - UNION PACIFIC NEARING AGREEMENT FOR A STOCK-AND-CASH DEAL FOR NORFOLK SOUTHERN THAT WOULD VALUE SMALLER RIVAL AT ABOUT $320 A SHARE - BLOOMBERG NEWSUNION PACIFIC NEARING AGREEMENT FOR A STOCK-AND-CASH DEAL FOR NORFOLK SOUTHERN THAT WOULD VALUE SMALLER RIVAL AT ABOUT $320 A SHARE...Reuters
Tue, Jul 29
At least three victims shot in mid-Manhattan skyscraper; suspect 'neutralized'
By Lananh Nguyen and Kanishka SinghNEW YORK, July 28 (Reuters) - A person who opened fire inside a midtown Manhattan skyscraper housing the National Football League headquarters and offices of several major financial institutions, including hedge fund giant Blackstone, has been "neutralized,"...Reuters
Tue, Jul 29
Jane Street To Argue That Retail Demand Drove Its India Trades - Bloomberg News
July 28 (Reuters) - JANE STREET TO ARGUE THAT RETAIL DEMAND DROVE ITS INDIA TRADES - BLOOMBERG NEWSJANE STREET IS EXPECTED TO SAY THAT HIGH RETAIL DEMAND FOR OPTIONS ON THAT INDEX WAS A KEY DRIVER BEHIND ITS TRADING IN THE MORNING - BLOOMBERG NEWSJANE STREET EXPECTED TO ARGUE THAT HIGH RETAIL OPTION...Reuters
Tue, Jul 29
Boeing gets US FAA nod to begin next phase of 777-9 certification, Air Current editor says
July 28 (Reuters) - U.S. Federal Aviation Administration (FAA) late last week cleared Boeing to begin the next phase of its 777-9 certification - the company's largest jetliner in production, Air Current Editor Jon Ostrower said on Monday in a post on X, citing two people familiar with the matte...Reuters
Tue, Jul 29
Vinci Compass in talks to buy Brazilian asset manager Verde, Brazil Journal reports
SAO PAULO, July 28 (Reuters) - Vinci Compass VINP.O is in talks to buy Verde Asset Management, news outlet Brazil Journal reported on Monday, citing sources. The two Brazilian asset managers reached an initial agreement for a joint venture that would give Vinci control of Verde after five years, the...Reuters
Tue, Jul 29
Chile's LATAM Airlines Reports Q2 Net Profit Up 66%, Updates Guidance
July 28 (Reuters) - LATAM Airlines Group SA LTM.SN:CHILE'S LATAM AIRLINES REPORTS Q2 NET PROFIT OF $242 MILLIONCHILE'S LATAM AIRLINES REPORTS Q2 REVENUE OF $3.28 BILLIONCHILE'S LATAM AIRLINES EXPECTS 2025 ADJUSTED OPERATING INCOME OF $2 BILLION-$2.15 BILLION, UP FROM $1.8 BILLION-$2.05 B...Reuters
Tue, Jul 29
Police say shots reported fired inside Park Avenue skyscraper in Manhattan
By Lananh NguyenNEW YORK, July 28 (Reuters) - New York City police converged on a Park Avenue skyscraper in midtown Manhattan where gunshots were reported fired on Monday inside the tower housing offices of several financial firms and the headquarters of the National Football League, police said.The...Reuters
Tue, Jul 29
Procter & Gamble replaces CEO Moeller with COO and long-time executive Jejurikar
Moeller to become executive chairman, no health concerns citedP&G shares rose 13% under Moeller, in line with S&P 500Jejurikar's appointment aligns with P&G's internal promotion traditionBy Savyata Mishra and Jessica DiNapoli July 28 (Reuters) - Procter & Gamble PG.N CEO ...Reuters
Mon, Jul 28
US Justice Department files 'misconduct complaint' against prominent judge
July 28 (Reuters) - The Justice Department filed a misconduct complaint Monday against U.S. District Court Chief Judge James Boasberg, a prominent Washington, D.C., judge who has drawn President Donald Trump's ire, U.S. Attorney General Pam Bondi said on X.Boasberg said in April that the Trump a...Reuters
Mon, Jul 28
New York City mayor says 'active shooter' incident taking place in Manhattan
July 28 (Reuters) - New York City Mayor Eric Adams said on Monday there was an "active shooter" investigation underway in central Manhattan, while the FBI added it was also providing support at what it called an active crime scene.There was large police presence in the area, according to med...Reuters
Mon, Jul 28
Shooting outside casino in Reno, Nevada, leaves 3 victims dead, 2 critically wounded
By Steve GormanJuly 28 (Reuters) - A gunman armed with a pistol opened fire outside a casino in Reno, Nevada, on Monday, killing three people and critically wounding two others before he was shot and badly wounded by police, authorities said.The shooting unfolded shortly before 7:30 a.m. local time ...Reuters
Mon, Jul 28
REFILE-Baker Hughes nears $13.6 billion deal to buy Chart over the head of rival suitor, FT reports
July 28 (Reuters) - Oil and gas equipment supplier Baker Hughes BKR.O is close to a $13.6 billion cash deal to acquire U.S.-based equipment manufacturer Chart Industries (GTLS.N), the Financial Times reported on Monday, citing sources familiar with the matter. This potential acquisition would s...Reuters
Mon, Jul 28
FDA Approves Apellis' Empaveli (Pegcetacoplan) As The First C3g And Primary IC-Mpgn Treatment For Patients 12 And Older
July 28 (Reuters) - Apellis Pharmaceuticals Inc APLS.O:FDA APPROVES APELLIS’ EMPAVELI® (PEGCETACOPLAN) AS THE FIRST C3G AND PRIMARY IC-MPGN TREATMENT FOR PATIENTS 12 AND OLDERReuters
Mon, Jul 28
FormFactor Inc expected to post earnings of 30 cents a share - Earnings Preview
FormFactor Inc FORM.OQ FORM.O is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2025The Livermore California-based company is expected to report a 3.7% decrease in revenue to $190.174 million from $197.47 million a year ago, according...Reuters
Mon, Jul 28
Cadence to plead guilty and pay $140 million to US for China sales
Cadence sold chip design tools to Chinese military university Settlement discussions between Cadence and US began in DecemberResolution comes as US and China engage in new trade talksBy Karen FreifeldJuly 28 (Reuters) - Cadence Design CDNS.O agreed to plead guilty and pay more than $140 million to r...Reuters
Mon, Jul 28
