Warner Bros Discovery adds SoFi CEO, outgoing IAC chief executive to board
(Reuters) – Warner Bros Discovery (NASDAQ:WBD) has appointed Anthony Noto, CEO of fintech giant SoFi (NASDAQ:SOFI), and Joey Levin, the outgoing chief executive of IAC, to its board, the company said on Tuesday. The media giant is undergoing a restructuring to
Biogen CEO sees no burning need for more acquisitions
By Deena Beasley SAN FRANCISCO (Reuters) – Biogen (NASDAQ:BIIB) expects revenue from new launches to exceed its current sales by 2028 and does not feel the need to chase additional business development deals, the company’s CEO said. “The view out there
Bond yields dip, S&P 500 ends up; CPI, earnings ahead
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields dipped while the S&P 500 ended slightly higher on Tuesday after data showed U.S. producer prices rose less than expected in December, but investors remained cautious ahead of U.S. consumer price data
Longtime UAW union officer to retire, sources say
By Kalea Hall and Nora Eckert DETROIT (Reuters) -Chuck Browning, who has been a prominent leader in the United Auto Workers union and negotiated its deals with Ford Motor (NYSE:F), is retiring, according to three sources familiar with the matter. Browning
FTC set to sue Deere over equipment repair practices, Bloomberg News says
(Reuters) – The U.S. Federal Trade Commission has prepared a lawsuit against Deere & Co (NYSE:DE) alleging the company’s agricultural equipment repair practices violate competition laws, Bloomberg News reported on Tuesday, citing people familiar with the matter. The