Words of Wisdom: Life Lessons with Salman Rushdie

NEW YORK (Reuters) – Magic realism is a literary genre in which narrative is shot through with surreal, dreamlike, seemingly impossible moments. FILE PHOTO: The writer Salman Rushdie interviewed during Heartland Festival in Kvaerndrup, Denmark June 2, 2018. Carsten Bundgaard/Ritzau Scanpix/via REUTERS If famed author Salman Rushdie is a dean Continue Reading

Stockpiles of tomatoes? UK retailers bristle at demands of no-deal Brexit

LONDON (Reuters) – A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can’t find everything they want on the shelves. FILE PHOTO: Shoppers browse the aisles in Continue Reading

Activist investor Driver Management presses anew for First United Bank to sell itself

(Reuters) – Driver Management Company LLC, an activist investor focused on U.S. banks, renewed calls on Wednesday for First United Corp (FUNC.O), the holding company for Maryland community bank First United Bank & Trust, to sell itself. First United’s shares have traded at a significant discount to its regional banking Continue Reading

U.S. effort to disqualify Huawei’s lead lawyer goes to court

(Reuters) – A former U.S. Justice Department official who now represents Huawei Technologies is expected in Brooklyn federal court on Wednesday to defend his right to represent the Chinese company against U.S. charges of bank fraud and sanctions violations. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen Continue Reading

Hedge fund-backed reinsurance duo poised for performance uptick: Barron’s

NEW YORK (Reuters) – Two reinsurance firms backed by prominent hedge funds are considered good investments as their share price performance has yet to benefit from the sector’s improved pricing outlook, according to Barron’s. Both Greenlight Capital Re and Third Point Reinsurance, linked to David Einhorn’s Greenlight Capital and Dan Continue Reading