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Bain Capital to buy PCI Pharma at $10 billion valuation, Bloomberg News reports
Business

Bain Capital to buy PCI Pharma at $10 billion valuation, Bloomberg News reports

(Reuters) -Bain Capital is in talks to buy contract drug manufacturer PCI Pharma Services at a valuation of $10 billion,…

May 9, 2025
Russia backs 30-day ceasefire but with due account of nuances, Kremlin’s Peskov says
Top News

Russia backs 30-day ceasefire but with due account of nuances, Kremlin’s Peskov says

(Reuters) – Russia supports the implementation of a 30-day ceasefire in the Ukraine conflict, but only with due consideration of…

May 9, 2025
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
Business

Nippon Steel exec headed to Washington next week in push for US Steel deal, source says

(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…

May 9, 2025
Newsletters

Celsius Founder Sentenced to 12 Years for Crypto Fraud

Top investors are buying this “unlisted” stock Uber disrupted taxis, Airbnb hotels… Now this company targets the $500B smartphone market.…

May 8, 2025
Microsoft doesn’t allow its employees to use China’s Deepseek-President

Microsoft doesn’t allow its employees to use China’s Deepseek-President

WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese AI startup Deepseek,…

May 8, 2025
Paramount’s quarterly results beat estimates on direct-to-consumer growth
Business

Paramount’s quarterly results beat estimates on direct-to-consumer growth

(Reuters) -Paramount Global beat Wall Street estimates for first-quarter revenue and profit on Thursday, driven by a growth in its…

May 8, 2025
Pinterest’s strong revenue forecast signals growing ad spend, shares surge
Business

Pinterest’s strong revenue forecast signals growing ad spend, shares surge

(Reuters) -Pinterest forecast current-quarter revenue above Wall Street estimates on Thursday, a sign of growing advertising spend on the social…

May 8, 2025
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud

Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud

By Jonathan Stempel NEW YORK (Reuters) – Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius…

May 8, 2025
Newsletters

Investors React as Beyond Meat Pulls Plug on Forecast

Approved in Trump’s First 24 Hours… And Now You Can Profit Uber disrupted taxis, Airbnb hotels… Now this company targets…

May 7, 2025
US railroad Amtrak cutting 450 positions, $100 million in annual costs

US railroad Amtrak cutting 450 positions, $100 million in annual costs

By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Wednesday it is eliminating 450 positions as it aims…

May 7, 2025

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