 | | | | The S&P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus. | | | | | | McDonald's Corp said on Thursday it has nearly achieved its goal of sourcing all of its paper food packaging in restaurants from recycled or sustainable fiber. | | | | | | The S&P 500 rose in choppy trading on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus. | | | | | | British supermarket group Morrisons on Thursday agreed a takeover offer worth 7.0 billion pounds ($9.54 billion) from U.S. private equity group Clayton, Dubilier & Rice (CD&R), dropping its recommendation of a lower bid from a consortium led by Fortress Investment Group. | | | | | | Accounting firm PwC said on Thursday it was delaying the reopening of its U.S. offices until at least Nov. 1, reflecting the impact of the highly transmissible Delta variant of COVID-19 in the country. | | | | | | The S&P 500 edged down in choppy trading on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus. | | | | | | Activist investor Starboard Value LP poached an analyst from asset manager BlackRock's investment stewardship team, which exerts great influence on issues such as climate change and board makeup that often are critical to the hedge fund's campaigns, two sources familiar with the matter said on Thursday. | | | | | | Western Union Co , the world's largest money transfer firm, has suspended services in Afghanistan, but is committed to resuming operations once conditions permit, it said following the crisis sweeping the country. | | | | | | Intel Corp on Thursday gave new details of its turnaround strategy to source subcomponents of its chips from external factories, including new specifics of partnerships with rival Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW). | | | | | | U.S. economic growth for the second quarter is likely to be revised higher following a recent raft of stronger than initially thought data covering that period, which reflected the economy's reopening amid improved public health. | | | | | |
