01:10 PM EDT, 10/21/2025 (MT Newswires) -- Unilever ( UL ) said Tuesday it has pushed back the planned demerger of its Magnum Ice Cream unit due to the US federal government shutdown, a day after South Korea-based DeepGreenX Group called off its planned direct listing in the US amid processing delays. The British consumer goods giant had announced plans...

01:10 PM EDT, 10/21/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%. In corporate news, General Motors ( GM ) lifted its full-year earnings outlook and lowered expected tariff headwinds as the automaker's Q3 results topped market...

01:10 PM EDT, 10/21/2025 (MT Newswires) -- CSX's (CSX) board ousted Chief Executive Joe Hinrichs last month following disputes over his compensation and his response to a potential merger proposal from rival Union Pacific ( UNP ) , Semafor reported Tuesday, citing people close to the matter. According to the report, Union Pacific's ( UNP ) Jim Vena proposed a...

NEW YORK, Oct 21 (Reuters) - Palliser Capital is urging LG Chem, a leading electric vehicle battery supplier, to refresh its board and buy back shares, arguing these and other changes could help its share price more than double. The South Korean chemical company currently trades at a 73% discount to its net asset value as investors see it more...