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Business

Oil prices settle higher on Middle East tensions

Oil prices settle higher on Middle East tensions

By Erwin Seba HOUSTON (Reuters) -Oil prices settled higher on Friday as U.S. Secretary of State Antony Blinken began a week-long sweep through the Middle East in an attempt to contain regional tensions stoked by the Israel-Hamas conflict. Brent crude futures settled...

General Dynamics names insider Kim Kuryea CFO

General Dynamics names insider Kim Kuryea CFO

(Reuters) - U.S. defense contractor General Dynamics said on Friday it had appointed insider Kim Kuryea as its chief financial officer, effective Feb. 15. Kuryea, currently senior vice president of human resources and administration, will succeed Jason Aiken. "Kim is...

Disney wins activists’ backing in boardroom fight with Peltz

Disney wins activists’ backing in boardroom fight with Peltz

By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co as it defends itself against a board challenge from a third activist investor, Trian Fund Management. The unusual twist in the...

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