Business
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 a restructuring that would eliminate $505 million in debt and keep all 815 retail locations open. U.S. Bankruptcy Judge ...
Top Tellurian executives poised for big payday if LNG plant goes ahead
(Reuters) - Top executives of U.S. liquefied natural gas developer Tellurian Inc could earn tens of millions of dollars if its proposed Driftwood LNG plant gets a green light, or if company is sold, a proxy filing released on Thursday showed.
Prices at the Pumps: Some small relief, more for diesel
Subscribe to Prices at the Pumps wherever you enjoy podcasts.
Crypto firm Consensys sues US SEC over Ethereum regulation
(Reuters) - Crypto firm Consensys said on Thursday it had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain. (Reporting by Manya Saini in Bengaluru)
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US Inc deal to buy Ka'ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion. The FCC cited T-Mobile's ...
Warner Bros Discovery to launch data platform for better ad-targeting
(Reuters) - Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday. The Olli platform will help advertisers target particular ...
Electrolux CEO Jonas Samuelson to leave
(Reuters) - Electrolux , the world's second-biggest appliances maker, said on Thursday its chief executive Jonas Samuelson would leave his position on Jan. 1, 2025. (Reporting by Kanjyik Ghosh; Editing by Shilpi Majumdar)
Canadian dollar gains as investors eye US inflation pressures
By Fergal Smith TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Thursday as domestic data showed wage growth picking up and ahead of U.S. inflation data that could offer clues on the prospect of Federal ...
Record $8.8 billion pulled from US sustainable funds in Q1
By Ross Kerber (Reuters) - European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the ...
Reddit down for thousands, Downdetector shows
(Reuters) - Social media company Reddit was down for thousands of users on Thursday, according to outage monitoring website Downdetector.com. (Reporting by Juby Babu in Mexico City; Editing by Maju Samuel)