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Craft retailer Joann approved to exit bankruptcy, slash $505 million debt

Dietrich Knauth |Updated 5 minutes ago |2 min read

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 ...

An exhibition booth of Tellurian is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022.

Top Tellurian executives poised for big payday if LNG plant goes ahead

Reuters |Updated 16 minutes ago |1 min read

(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 for April 25, 2024.

Prices at the Pumps: Some small relief, more for diesel

Scott Squires · Producer video/audio |Updated 41 minutes ago |1 min read Video Premium content

Subscribe to Prices at the Pumps wherever you enjoy podcasts.  

The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011.

Crypto firm Consensys sues US SEC over Ethereum regulation

Reuters |Updated 4 minutes ago |1 min read

(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)

A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018.

US FCC approves T-Mobile deal to buy budget provider Mint Mobile

Reuters |Updated 46 minutes ago |1 min read

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 ...

The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022.

Warner Bros Discovery to launch data platform for better ad-targeting

Reuters |Updated 46 minutes ago |1 min read

(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 ...

The Electrolux logo is seen during the IFA Electronics show in Berlin, Germany September 4, 2014.

Electrolux CEO Jonas Samuelson to leave

Reuters |Updated 5 minutes ago |1 min read

(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)

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015.

Canadian dollar gains as investors eye US inflation pressures

Fergal Smith |Updated 3 minutes ago |2 min read

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 ...

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023.

Record $8.8 billion pulled from US sustainable funds in Q1

Ross Kerber |Updated 1 hour ago |2 min read

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 logo is seen in this illustration taken November 7, 2022.

Reddit down for thousands, Downdetector shows

Reuters |Updated 3 minutes ago |1 min read

(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)

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