US mulls more support for banks while giving First Republic time, Bloomberg reports

[ad_1] March 25 (Reuters) – U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support, in an effort that could give First Republic…

Engine Capital pushes Kohl’s to review sale, separate e-commerce business

[ad_1] Dec 6 (Reuters) – U.S.-based hedge fund Engine Capital LP is pushing Kohl’s Corp (KSS.N) to consider a sale of the company or separate its e-commerce division to improve…

France to ban TikTok on work phones of civil servants -minister

[ad_1] PARIS, March 24 (Reuters) – France will ban the use of Chinese-owned video-sharing app TikTok on the work phones of civil servants, Civil Service Minister Stanislas Guerini said on…

S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries

[ad_1] Dupont, Discovery slide despite strong earnings Translate Bio surges on sale to Sanofi in $3.2-bln deal Focus on services sector data, jobs report this week Indexes up: Dow 0.8%,…

Sports platform Fanatics valued at $27 bln in new funding round -sources

[ad_1] March 2 (Reuters) – Fanatics has raised $1.5 billion in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on…

HR startup Rippling raises $500 mln in fresh funding after SVB collapse

[ad_1] March 17 (Reuters) – HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding round initially intended to help customers make…

Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits

[ad_1] H&M to cut 1,500 jobs as part of cost-cutting drive The firm is challenged by stiff competition and rising costs Books restructuring charge of $75.8 mln in fourth quarter…

Factbox: Which companies are affected by SVB collapse?

[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…

Mobile games developer Huuuge says has $24.2 mln at SVB

[ad_1] March 13 (Reuters) – Mobile games developer Huuuge Inc (HUGP.WA) said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank…

Meta to end news access for Canadians if Online News Act becomes law

[ad_1] March 11 (Reuters) – Facebook-parent Meta Platforms Inc (META.O) said on Saturday that it would end availability of news content for Canadians on its platforms if the country’s Online…