Bain Capital to sell $429 million stake in India’s Axis Bank, term sheet shows
By M. Sriram MUMBAI (Reuters) -Bain Capital plans to sell stake worth $429 million in Indian private lender Axis Bank…
Stock moves suggest belief in ‘no landing’ economy, Morgan Stanley says
By Lewis Krauskopf NEW YORK (Reuters) – Recent action in the U.S. stock market suggests investors are beginning to price…
Shell looking at all options including New York listing, Bloomberg Opinion says
(Reuters) -Oil major Shell is looking at “all options” including switching its listing to New York from London, according to…
Powell sticks with Fed’s cautious rate-cut strategy
By Howard Schneider and Abhirup Roy STANFORD, California (Reuters) -Federal Reserve officials including U.S. central bank chief Jerome Powell on…
White House directs NASA to create time standard for the moon
By Joey Roulette and Will Dunham WASHINGTON (Reuters) – The White House on Tuesday directed NASA to establish a unified…
Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers
By Savyata Mishra (Reuters) -Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown…
JetBlue pilots open negotiations over new labor deal
(Reuters) – Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to JetBlue Airways to…
Lilly’s weight-loss drug Zepbound to face supply crunch through April-end, US FDA says
(Reuters) -Two doses of Eli Lilly’s weight-loss drug Zepbound are expected to remain in short supply through April-end, the U.S.…
U.S. Steel union rejects Nippon Steel’s appeal for takeover support
(Reuters) -The union representing employees of United States Steel on Tuesday said it would not support Japanese firm Nippon Steel’s…
Fed officials see three rate cuts ‘reasonable’ this year
By Ann Saphir and Michael S. Derby (Reuters) -A pair of Federal Reserve policymakers often considered to have divergent monetary…