A Houston federal judge ordered International Business Machines Corp. to pay $1.6 billion to BMC Software Inc. for swapping in its software while servicing their mutual client, Bloomberg reports. The U.S. District Judge Gray Miller, after a seven-day non-jury trial, rejected IBM’s claim that their mutual client AT&T Inc., opted to switch software products on its own. The judge ruled…
This Day in Market History: Wachovia Buys A.G. Edwards
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 31, 2007, Wachovia bought A.G. Edwards for $6.8 billion. Where the Market Was The Dow closed at 13,627.64. The S&P 500 traded at around 1,530.62. What Else Was Going on in the World? In…
Mercedes-Benz Lays First Stone of New Battery Cell Campus in Germany
BERLIN—Mercedes-Benz laid the first stone of a new research and development campus at its Untertuerkheim site in Germany on Tuesday which will research, design, and begin small series production of battery cells from 2023, the carmaker said. The campus, in which Mercedes-Benz is investing a three-digit-million euro sum, will also have a battery safety lab…
US FAA Delays SpaceX Final Environmental Decision to June 13
WASHINGTON—The Federal Aviation Administration (FAA) on Tuesday again delayed completing a final environmental assessment of the proposed SpaceX Starship spacecraft and Super Heavy rocket program in Boca Chica, Texas until June 13. In late April, the FAA extended the target date to May 31 for a decision, saying it was “working toward issuing the final…
Billionaire Investor Peltz, With 1.5 percent Stake, Joins Unilever Board
Billionaire activist Nelson Peltz will join the board of Unilever, the consumer goods giant said on Tuesday, heaping pressure on the maker of Dove soap and Hellman’s mayonnaise as it reviews its strategy. Shares in the London-listed group jumped 7 percent as it said Peltz, who has amassed a 1.5 percent stake in Unilever, will…
Biden Confirms US Sending Advanced Rocket Systems, Munitions to Ukraine
June 1, 2022
admin
bidenBusiness & Economyeconomic policieseconomyEuropeExecutive BranchMarketsPoliticsRussia-Ukraine WarRussianUkraineUSUS NewsWorld
0 Comment
The United States is providing Ukraine with “more advanced rocket systems and munitions” as Russia’s invasion continues, President Joe Biden said on Tuesday. Writing in a New York Times opinion piece, Biden said that America’s goal in Ukraine is “to see a democratic, independent, sovereign and prosperous Ukraine with the means to deter and defend itself against further…
Japan May Consumer Confidence Improves for 2nd Month
TOKYO—Japan’s consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed the first restriction-free spring holiday season since before the COVID-19 pandemic. A Cabinet Office survey showed the sentiment index for general households, which includes views on incomes and jobs, was at 34.1 in May, up…
Canceled Flights Mar First Weekend of Summer for Travelers
The unofficial start of summer over the Memorial Day weekend offers a troubling glimpse of what lies ahead for travelers during the peak vacation season. U.S. airlines canceled more than 2,800 flights from Thursday through Monday, or about 2 percent of their schedules, according to tracking service FlightAware. Delta Air Lines, usually among the top…
Pessimistic Consumer Sentiment Unaffected by Australian Federal Election Results
Australian consumer confidence has almost remained unchanged in the wake of a new Labor government as the country is wrestling with interest rate hikes, ballooning inflation and rising living cost pressures. The latest weekly ANZ-Roy Morgan consumer confidence survey showed how Australian consumers reacted to the federal election results, where Labor has gained 77 seats…
LIVE UPDATES: Russian Forces Advance in Factory City, US to Send Precision Rockets to Ukraine
The latest on the Russia–Ukraine crisis, June 1. Click here for updates from May 31. Russian Forces Advance in Factory City, US to Send Precision Rockets to Ukraine Russian troops on Wednesday pressed their assault on a factory city targeted in their push to grab a swathe of eastern Ukraine, while the United States said…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta