Exclusive-Bain Capital mulls $10 billion sale of Rocket Software, sources say
By Milana Vinn (Reuters) – Private equity firm Bain Capital is weighing options, including a sale, for Rocket Software that…
Month: February 2025
US to announce 25% tariff on EU very soon, Trump says
(Reuters) – U.S. President Donald Trump said on Wednesday that his administration will soon announce a 25% tariff on imports…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…
Want to hire Elon Musk’s lawyer? That will be $3,000 an hour
By Mike Scarcella (Reuters) – A leading attorney for billionaire Tesla CEO Elon Musk and embattled New York Mayor Eric…
Meta must face lawsuit claiming it prefers cheaper foreign workers
By Jonathan Stempel (Reuters) – A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the…
AI stocks battered heading into make-or-break Nvidia earnings
By Shashwat Chauhan (Reuters) – Artificial intelligence-linked shares fell on Tuesday, in lead-up to AI bellwether Nvidia’s quarterly earnings, which…
US FDA, CDC investigating multi-state listeria outbreak
(Reuters) – The U.S. FDA and the Centers for Disease Control and Prevention said on Monday the agencies were investigating…
Exclusive-JPMorgan executive calls for ‘more hustle’ after return to office mandate
By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) – A JPMorgan Chase executive told thousands of employees he wanted…
Oil trade group pushes US for national ethanol policy after EPA okays Midwest expansion
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The American Petroleum Institute trade group on Monday pressed for…
AI startup Anthropic finalizing $3.5 billion funding round, WSJ reports
(Reuters) – AI startup Anthropic is looking to raise $3.5 billion in its latest funding round which would value the…