Tag: Bloomberg News
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
(Reuters) - Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's...
China mulls potential sale of TikTok US to Musk, Bloomberg News reports
(Reuters) -Chinese officials are in preliminary talks about a potential option to sell TikTok's operations in the United States...
Some businesses struggle to pay back pandemic-era loans
In 2020, the Federal Reserve established the Main Street Lending Program to support mid-size businesses during the pandemic. Now, those businesses are having...
Elliott, Southwest Airlines to begin settlement discussions, Bloomberg News reports
(Reuters) - Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy fight for control of...
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
(Reuters) - Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and...
Stellantis defends itself after US dealers flag concerns
(Reuters) - Automaker Stellantis told its U.S. dealers on Wednesday that its August sales were up 21% from July, and its dealer inventory...