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By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company's board to cut non-essential businesses and reorganize capital spending in an effort to…

Breadcrumbs Path LinksBMWPMN BusinessArticle author:Associated PressDee Ann DurbinPublished on August 27, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log in if you have an account.Article…

rlesyk/iStock Editorial via Getty Images Canada's federal judge has issued an order to employees of the country's two main railway companies. Back to workBinding arbitration was imposed after a work stoppage that halted cargo shipments…

The management of Nairobi Hospital has obtained an injunction restraining the owners of the health facility from distributing a notice demanding their removal from office. The order by the Milimani Commercial Magistrate's Court provides…

The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by…

Kevin Deitch/Getty Images News Update 9:05 PM: Elliott's confirmation adds. Activist firm Elliott Investment Management is preparing to launch a proxy battle in Southwest Airlines (NYSE: LUV). The prominent activist fund plans to…

Elliott Management Inc. is planning to nominate a slate of candidates for Southwest Airlines Co.’s board of directors, adding to activist investor pressure for sweeping changes at the struggling airline, according to a person familiar with…

SlavkoSereda/iStock via Getty Images Crude oil futures rose for a fourth straight session on Friday and posted their first weekly gain in five weeks, supported by tightening inventories, especially in the United States, and a…

Summary of the Bank of Japan's views at the monetary policy meeting on July 30-31Many members see economic activity and prices developing in line with the BOJ's expectations.Some see scope for raising “very low” interest rates, pointing to…

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