3M to transfer about $2.5 billion of US pension obligations to Met Tower Life Insurance
Daily Trader Insights (Reuters) – 3M said on Thursday it would transfer about $2.5 billion of its U.S....
Business
Caterpillar boosts buyback by $20 billion, raises dividend
(Reuters) – Caterpillar has raised its quarterly dividend by 8% and its share repurchase authorization...
UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could...
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking...
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and...
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in...
Saudi Arabia set to raise $11.2 billion selling Aramco shares at lower end of expectations
By Maha El Dahan, Hadeel Al Sayegh and Yousef Saba DUBAI (Reuters) -Saudi Arabia is...
Robinhood bets big on crypto with $200 million deal for Bitstamp
By Manya Saini (Reuters) -Trading platform Robinhood Markets said on Thursday it has agreed to...
Lyft forecasts 15% annual growth in gross bookings through 2027
By Yuvraj Malik (Reuters) – Lyft is targeting 15% annual growth in gross bookings through...
$1.3 billion UK lawsuit accuses Amazon of misusing small sellers’ data
LONDON (Reuters) – Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British...