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$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

Danish fintech firm Pleo has appointed a new CFO, the company told CNBC, beefing up its executive team in a sign it's readying itself...

Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback

The oil giant announced a $3.5 billion share buyback to be carried out over the next three months...

UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses

The 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said...

Ford will postpone about $12 billion in EV investment as buyers become more cautious

Ford said customers in North America are unwilling to pay a premium for an EV...

Rite Aid lost more than $1 billion in months before bankruptcy filing

Rite Aid warned investors it may not be able to keep its business running...

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