We are experiencing some temporary issues. The market data on this page is currently delayed. Please bear with us as we address this and restore your personalized lists.
Comcast's streaming service Peacock will exclusively feature the National Football League's Week 1 game, the NFL said on Tuesday, as part of its updated media distribution agreements for the 2024 season. Rival Amazon.com's Prime Video will exclusively stream the NFL Wild Card game this season, marking the second time an NFL playoff game will be available exclusively via a streaming service, the football league said.
Activist investor Elliott Investment Management has accepted the performance improvement plan that U.S. oil refiner Phillips 66 laid out to boost shareholder returns and share price, Chief Executive Mark Lashier said in an interview on Tuesday. "They've bought into our plans that we already had in place," the CEO of one of the largest U.S. oil refiners said in a briefing at its Houston headquarters. Elliott sent a letter to the company's board last fall, disclosing a $1 billion stake in the company, and calling for additions to its board of directors and a focus on improving its oil refining business.
A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws. U.S. Attorney Damian Williams said conspiracy charges against KuCoin and two executives should warn other crypto exchanges that they cannot serve U.S. customers without following U.S. laws. In December, New York Attorney General Letitia James secured a payout of more than $22 million from KuCoin to refund $16.7 million to over 150,000 New York investors and provide New York state with over $5.3 million.
Israel has recalled its negotiators from Doha after deeming mediated talks on a Gaza truce "at a dead end" due to demands by Hamas, a senior Israeli official said on Tuesday. The official, who is close to the Mossad spymaster heading up the talks, accused Hamas' Gaza leader Yahya Sinwar of sabotaging the diplomacy "as part of a wider effort to inflame this war over Ramadan". The warring sides had stepped up negotiations, mediated by Qatar and Egypt, on a six-week suspension of Israel's offensive in return for the proposed release of 40 of the 130 hostages still held by the Palestinian militant group in Gaza.
Paper and packaging company DS Smith said on Tuesday that it is in discussions with U.S.-listed International Paper regarding a proposal to buy the British packaging firm through a possible all-share offer. Under the terms of the proposal, DS Smith shareholders would receive 0.1285 shares in International Paper for each share they own in DS Smith, resulting in DS Smith shareholders owning about 33.8%. Earlier this month, Mondi reached an agreement in principle for an all-share offer to buy smaller rival DS Smith for 5.14 billion pounds ($6.57 billion) to create a paper and packaging giant worth more than 10 billion pounds in market value.
(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink warned of a looming “retirement crisis” facing the US and called on baby boomers to help younger generations save enough for their own futures.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionBiden Gains Ground Against Trump in Six Key States, Poll ShowsVital Baltimore Bridge Collapses After Being Struck by ShipAfter
(Bloomberg) -- Boeing Co., the jet maker that on Monday unveiled a sweeping leadership overhaul, may have its credit rating downgraded by Moody’s Ratings because of the financial impact from the company’s safety crisis. Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionBiden Gains Ground Against Trump in Six Key States, Poll ShowsVital Baltimore Bridge Collapses After Being Struck
U.S. President Joe Biden pledged that the federal government will pay the full cost to rebuild the Francis Scott Key Bridge in Baltimore, one of the nation's busiest arteries that collapsed hours earlier on Tuesday after being struck by a massive freight ship. “It's my intention that the federal government will pay for the entire cost of reconstructing that bridge and I expect the Congress to support my effort," Biden said, speaking from the White House ahead of a trip to North Carolina. A massive freight ship stacked high with containers smashed into a bridge while sailing out of Baltimore, Maryland, early on Tuesday, sending cars and people into the river below and closing one of the busiest ports on the U.S. Eastern Seaboard.
(Bloomberg) -- Currencies across emerging markets dipped as traders grew cautious over a strengthening dollar and amid lingering concern about the health of China’s economy.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionBiden Gains Ground Against Trump in Six Key States, Poll ShowsVital Baltimore Bridge Collapses After Being Struck by ShipAfter Exposing Realtors, Eliminate the M
The stunning collapse of Baltimore's Francis Scott Key Bridge is diverting shipping and trucking around one of the busiest ports on America's East Coast, creating delays and raising costs in the latest disruption to global supply chains. After the container ship Dali hit the bridge and brought it down early Tuesday, ship traffic entering and leaving the Port of Baltimore was suspended indefinitely. The Dali was the only container vessel in the port at the time of the collision, but seven others had been scheduled to arrive in Baltimore through Saturday, Levine said.
