Alibaba banks on aggressive Singles Day pricing to recoup sales mojo
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s Alibaba is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles Day extravaganza, three industry sources said, as…
Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout
By Jonathan Stempel (Reuters) – Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating…
Despite SVB collapse, FDIC on track to recoup insurance losses: Chair
(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead of a…
U.S. fuelmakers more than recoup pandemic losses in 2022
By Laura Sanicola (Reuters) – U.S. oil refiner PBF Energy is closing out one of the best financial years in its history, a wild bounce back from the brink in April 2020…
Analysis-Spirit Airlines winning bidder may need years to recoup price tag
By Angelique Chen, Anirban Sen and David Carnevali (Reuters) – The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer taking years…
Explainer-Can crypto holders recoup losses in court?
By Jody Godoy (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency…
Explainer-Can companies leaving Russia recoup losses through insurance?
By Tom Hals – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co…
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