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Wells Fargo investors approve executive pay as compliance fixes gain momentum
By Nupur Anand NEW YORK, April 29 (Reuters) - Wells Fargo WFC.N shareholders on Tuesday approved executive pay packages and the appointment of directors with strong majority support.Most of the company's proposals received over 90% of shareholders' votes in favor of the motions while all ...Reuters
Tue, Apr 29
JetBlue joins US airlines in withdrawing forecasts over trade war
JetBlue's unit revenue expected to decline by up to 7.5% in Q2CEO Geraghty highlights unpredictable outlook for second half of the yearJetBlue may tap financial markets for aircraft funding if economy worsensPotential partnership with larger domestic airline in the worksBy Rajesh Kumar Singh and...Reuters
Tue, Apr 29
KKR and Capital Group launch funds targeting mix of private, public credit
By Niket Nishant April 29 (Reuters) - KKR KKR.N and Capital Group launched two funds that would target investments in a blend of public and private credit, tapping into a vast pool of retail investors looking beyond traditional assets for diversification.The funds, Capital Group KKR Core Plus+ a...Reuters
Tue, Apr 29
US Senate backs former Republican lawmaker Perdue as ambassador to China
Nominee confirmed with bipartisan supportIn business, Perdue was criticized over offshored US jobsConfirmation occurs as Trump's tariffs roil world marketsMilitary build-up, pressure on Taiwan factors in relationsBy Michael Martina, Patricia Zengerle WASHINGTON, April 29 (Reuters) - A majorit...Reuters
Tue, Apr 29
Trump called Bezos to complain about Amazon report, media reports say
WASHINGTON, April 29 (Reuters) - U.S. President Donald Trump called Amazon Executive Chairman Jeff Bezos on Tuesday morning to complain about a report the company planned to display prices that show the impact of tariffs, according to multiple media outlets.Amazon AMZN.O denied the story from Punchb...Reuters
Tue, Apr 29
EU's von der Leyen invites scientists, researchers to make Europe their home
BRUSSELS, April 29 (Reuters) - European Commission President Ursula von der Leyen on Tuesday invited scientists and researchers from the world over to make Europe their home when the Trump administration is threatening to cut federal funding for Harvard and other U.S. universities.They have been in ...Reuters
Tue, Apr 29
MOVES-TD Securities names Dan Charney sole head of global markets, memo says
April 29 (Reuters) - Canada's TD Securities named Dan Charney as head of global markets, transitioning from his current co-head role, according to an internal memo seen by Reuters on Tuesday. Charney, who joined TD Cowen as head of equities in 2012, has been a key figure in the expansion of the ...Reuters
Tue, Apr 29
Exclusive: Convex Bermuda deputy chief underwriting officer Samuels departs
By James ThalerApril 29 - (The Insurer) – Convex’s deputy chief underwriting officer in Bermuda Sharmini Samuels has left her role with the company, six years after joining the carrier at its launch in 2019, according to sources with knowledge of the situation.Samuels had been responsible for writin...Reuters
Tue, Apr 29
Jalisco ranch was longstanding operation site for organized crime, Mexico AG says
MEXICO CITY, April 29 (Reuters) - Mexico's attorney general Alejandro Gertz said on Tuesday that the ranch in Teuchtitlan, Mexico's Jalisco state, where human remains, piles of clothes and weapons were found last month, was a longstanding operation and training site for organized crime.Reuters
Tue, Apr 29
US Supreme Court sides with HHS in dispute over reimbursement for needy patients
By Diana Novak JonesApril 29 (Reuters) - The U.S. Supreme Court on Tuesday sided with the U.S. Department of Health and Human Services in a lawsuit brought by more than 200 hospitals that serve low-income populations that had challenged the government’s method of determining the hospitals’ compensat...Reuters
Tue, Apr 29
UN chief speaks with Pakistan, India amid tensions
UNITED NATIONS, April 29 (Reuters) - United Nations Secretary-General Antonio Guterres spoke separately on Tuesday with Pakistan's Prime Minister Muhammad Shebaz Sharif and India's Foreign Minister Subrahmanyam Jaishankar, a U.N. spokesperson said."The Secretary-General also expressed hi...Reuters
Tue, Apr 29
Fitch Says Mass Deportations Will Likely Increase Labor Costs For Several U.S. Sectors
April 29 (Reuters) - Fitch:FITCH: MASS DEPORTATIONS WILL LIKELY INCREASE LABOR COSTS FOR SEVERAL U.S. SECTORSFITCH: ON A STANDALONE BASIS, MASS DEPORTATIONS ARE NOT LIKELY TO LEAD TO WIDE-SPREAD NEGATIVE RATING ACTIONS FOR SEVERAL U.S. SECTORSFITCH: CONSTRUCTION-RELATED SECTORS, MEAT PROCESSORS ARE ...Reuters
Tue, Apr 29
Universal Music first-quarter revenue grows with concerts, vinyl sales
April 29 (Reuters) - Universal Music Group UMG.AS beat first-quarter sales expectations on Tuesday, saying more people went to concerts, bought vinyl records and subscribed to its digital services.The world's biggest music label, whose artists include Taylor Swift, BTS and Drake, said revenues g...Reuters
Tue, Apr 29
Golf-Snedeker and Ogilvy named captains for 2026 Presidents Cup
April 29 (Reuters) - Brandt Snedeker and Australia's Geoff Ogilvy have been named as captains of the U.S. and International Teams, respectively, on Tuesday for the 2026 edition of the Presidents Cup at Medinah Country Club outside Chicago.Snedeker, a nine-times winner on the PGA Tour who was the...Reuters
Tue, Apr 29
Italy's Maire sure to increase 2025 guidance, CEO says
April 29 (Reuters) - Maire SpA MTCM.MI:CEO Alessandro Bernini says in a post-results conference call:ITALY'S MAIRE CEO: WILL SURELY INCREASE 2025 GUIDANCE, BUT TOO EARLY TO SAY BY HOW MUCHITALY'S MAIRE CEO: TRADE TARIFFS ANNOUNCED AS OF TODAY WILL NOT AFFECT US NOR NOW NOR IN THE FUTUREReuters
Tue, Apr 29
U.S. House Subcommittee Hearing on Deep-Sea Mining
April 29 (Reuters) - TMC THE METALS COMPANY TMC.O CEO GERARD BARRON TELLS U.S. CONGRESSIONAL HEARING THAT DEEP-SEA MINING INDUSTRY AT 'INFLECTION POINT' AND 'ONE OF CHINA'S CORE RESOURCE STRATEGIES'CEO: SPECULATION ABOUT DEEP-SEA MINING'S ECONOMIC VIABILITY FUELED BY ACTIVIST...Reuters
Tue, Apr 29
Pentagon chief cancels program on women in security that was signed into law by Trump
By Idrees Ali and Phil Stewart WASHINGTON, April 29 (Reuters) - U.S. Defense Secretary Pete Hegseth on Tuesday canceled a program that promoted the contributions of women in national security sectors, even though it was signed into law by President Donald Trump in 2017 and has been championed by ...Reuters
Tue, Apr 29
Beazley’s Pearson: Insurers can act as enabler in brownfield site development
By Rebecca DelaneyApril 17 - (The Insurer) - Interest in redeveloping disused industrial land is growing across the UK, and Beazley's Nicholas Pearson believes insurance can play an important role in helping facilitate regeneration by making difficult sites more attractive to investors, particul...Reuters
Tue, Apr 29
Engine Capital pushes Lyft to explore strategic options, including sale
April 29 (Reuters) - Activist investment firm Engine Capital wants Lyft LYFT.O to consider strategic alternatives, including a sale, piling more pressure in its proxy battle against the ride-sharing platform.The investor, which owns about 1% of Lyft, also accused the company's board of lacking f...Reuters
Tue, Apr 29
US targets China, Iran-based firms in fresh Iran sanctions
April 29 (Reuters) - The United States on Tuesday imposed sanctions on a network based in Iran and China that it accused of procuring ballistic missile propellant ingredients on behalf of Iran's Islamic Revolutionary Guard Corps as President Donald Trump's administration seeks to increase pr...Reuters
Tue, Apr 29
