KFGO-AM (Fargo, ND)

2 days ago | kfgo.com | Lananh Nguyen |Niket Nishant

By Lananh Nguyen and Niket Nishant(Reuters) -Jefferies’ second-quarter profit fell short of estimates as equity underwriting weakness offset gains from merger advisory fees, but the investment bank said dealmaking could rebound later in 2025 as the economic outlook becomes clearer. Uncertainty due to U.S. policy and geopolitical events slowed investment banking activity in the first two months of the March-May quarter, Jefferies said on Wednesday.

2 days ago | kfgo.com | Benoit Van Overstraeten

By Foo Yun Chee and Benoit Van OverstraetenBRUSSELS (Reuters) -Candy maker Mars’ takeover of Pringles maker Kellanova could lead to price hikes because it will boost Mars’ negotiating power with retailers, EU antitrust regulators warned on Wednesday as they opened a full-scale investigation into the $36 billion deal. The move could force Mars to divest assets to address the EU competition concerns or risk the deal being blocked.

2 days ago | kfgo.com | Paul Sandle

By Paul SandleLONDON (Reuters) -Britain’s competition regulator has finally come up with a plan to control Google’s huge search business, but a shift in the political wind in favour of big tech and the money it invests makes it more of a bark than a bite. The Competition and Markets Authority spent years setting up a regime to intervene in the operations of tech giants such as Google, Apple and Amazon, saying it needed special expertise and powers to drive competition in the digital economy.

2 days ago | kfgo.com | Ross Kerber

By Ross Kerber(Reuters) -Prominent U.S environmental organization Sierra Club Foundation said it will move $10.5 million away from BlackRock because the top asset manager has not pressed portfolio companies enough on climate concerns. The money in question is tiny fraction of BlackRock’s $11.6 trillion in assets under management at the end of March, more than $1 trillion of which is held in sustainable funds and energy transition assets that the company continues to build up.

3 days ago | kfgo.com | Kanishka Singh

By Kanishka SinghWASHINGTON (Reuters) -U.S. President Donald Trump’s Middle East Envoy Steve Witkoff said on Tuesday that talks between the United States and Iran were “promising” and that Washington was hopeful for a long-term peace deal. KEY QUOTES“We are already talking to each other, not just directly but also through interlocutors. I think that the conversations are promising.