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Month: September 2024

Uncategorized

Wall Street advances as traders’ bets rise for bigger Fed rate cut

By Sinéad Carew and Shashwat Chauhan (Reuters) -Wall Street’s main indexes closed higher on Friday as investors honed in on…

September 15, 2024January 27, 2025
Uncategorized

Exclusive-OpenAI’s stunning $150 billion valuation hinges on upending corporate structure, sources say

By Krystal Hu and Kenrick Cai (Reuters) – OpenAI’s new financing round is expected to come in the form of…

September 15, 2024January 27, 2025
Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Business

Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

By Aditya Kalra NEW DELHI (Reuters) – Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to…

September 15, 2024January 27, 2025
Well Fargo’s new regulatory trouble may delay asset cap removal timeline, analysts say
Uncategorized

Well Fargo’s new regulatory trouble may delay asset cap removal timeline, analysts say

By Manya Saini (Reuters) – Wells Fargo’s latest regulatory setback could delay the timeline for lifting the asset cap imposed…

September 13, 2024January 27, 2025
Exclusive-Bain Capital taps advisers for sale of UK’s esure, sources say
Business

Exclusive-Bain Capital taps advisers for sale of UK’s esure, sources say

By Amy-Jo Crowley and Carolyn Cohn LONDON (Reuters) – Private equity firm Bain Capital has lined up advisers for the…

September 13, 2024January 27, 2025
Business

Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast

By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…

September 13, 2024January 27, 2025
23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows
Business

23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows

(Reuters) – 23andMe co-founder and chief executive Anne Wojcicki would be open to considering third-party takeover proposals for the company,…

September 13, 2024January 27, 2025
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
Business

Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake

By Jonathan Stempel (Reuters) – Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway, sold more than…

September 12, 2024January 27, 2025
Business

Moderna expects up to $3.5 billion in 2025 sales

By Patrick Wingrove (Reuters) – Moderna on Thursday said it expects sales of between $2.5 billion and $3.5 billion next…

September 12, 2024January 27, 2025
Uncategorized

US household wealth rises in Q2 to record $163.8 trln

(Reuters) -U.S. household wealth rose last quarter to $163.8 trillion, a fresh record, driven by gains in real estate values…

September 12, 2024January 27, 2025

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