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AB InBev to acquire 85% stake in beverage maker BeatBox for $490 million
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Monday, April 21
by
SRN News
Chipotle Mexican Grill heads to Mexico to open its 1st location south of the border
Chipotle Mexican Grill is coming to Mexico. The California-based chain said Monday it’s planning to open a restaurant in Mexico early next year, its first location south of the border in its 30-year history. Chipotle is partnering with Alsea in Mexico City, a company that operates ...
Monday, April 21
by
SRN News
Wall Street opens lower as Trump takes aim at Powell
(Reuters) – Wall Street’s main indexes opened down on Monday after U.S. President Donald Trump’s renewed attacks against Federal Reserve Chair Jerome Powell sparked concerns about the central bank’s independence and rattled investors grappling with an escalating trade war. The Dow Jones Industrial Average fell ...
Monday, April 21
by
SRN News
Phillips 66 fires back at Elliott over Citgo conflict of interest amid board fight
By David French (Reuters) -Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire one of Phillips 66’s rivals, according to a letter ...
Monday, April 21
by
SRN News
GameStop CEO must face Bed Bath & Beyond lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Ryan Cohen, the billionaire chief executive of GameStop, must face a lawsuit by the company once known as Bed Bath & Beyond to recoup $47.2 million of profit from trading its stock before the ...
Monday, April 21
by
SRN News
US leading indicator declines sharply in March amid tariffs
WASHINGTON (Reuters) -A gauge of future U.S. economic activity fell sharply in March, potentially flagging tepid growth this year amid tariffs. The Conference Board said on Monday its Leading Economic Index dropped 0.7% last month after decreasing 0.2% in February. Economists polled by Reuters had ...
Monday, April 21
by
SRN News
Trump warns of economic slowdown unless Fed cuts rates
(Reuters) -The U.S. economy can slow down unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell as being slow. “With these costs trending so nicely downward, just what I predicted they would do, ...
Monday, April 21
by
SRN News
Chipotle plans Mexican foray with first outlet in 2026
(Reuters) -Chipotle Mexican Grill is expanding internationally with a location in Mexico that is set to open early next year, it said on Monday, bringing its tacos and burritos to the people in the region for the first time. The company will enter Mexico through ...
Monday, April 21
by
SRN News
TSX opens lower as Trump’s Fed criticism shakes markets
(Reuters) – Canada’s main stock index opened lower on Monday, dragged by losses in energy shares, while U.S. President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell raised concerns about the central bank’s independence and exacerbated risk-off sentiment. At ...
Monday, April 21
by
SRN News
China retreats from US private equity investments, FT reports
(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating trade war between the world’s two biggest economies, the Financial Times reported on Monday. Some of the Chinese funds are also seeking to be excluded ...
Monday, April 21
by
SRN News
Investors pour into European equity funds, flee U.S. on tariff woes
(Reuters) -European equity funds drew massive inflows in the week ended April 16, while U.S. funds faced hefty outflows, as investors continued to shift capital on concerns over U.S. trade tariffs and mounting worries over the strength of the U.S. economy. According to LSEG Lipper ...
Monday, April 21
by
SRN News
TSX futures fall as US-China trade war heats up
(Reuters) -Futures for Canada’s main stock index slipped on Monday as China’s warning of “countermeasures” against countries striking deals with the U.S. at its expense increased investor worries about the economic fallout from the trade war. June futures on the S&P/TSX index were down 0.2% ...
Monday, April 21
by
SRN News
Motorola Solutions launches AI tool, new device to cut emergency response time
By Akash Sriram (Reuters) -Motorola Solutions on Monday launched the SVX, a device that combines a remote speaker microphone, body camera and AI assistant named Assist, to help first responders seeking ways to save time and react to emergencies. Public safety agencies have been increasing modernization ...
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