Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…
Category: Business
PNC sees growth opportunity in capital-led market disruptions
By Nupur Anand NEW YORK (Reuters) – PNC Financial Services CEO William Demchak on Tuesday said that the market disruptions…
Johnson & Johnson forecasts as much as 6% sales growth in 2024
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson on Tuesday forecast revenue growth of 5-6% for 2024, its…
DeSantis board accuses Disney of controlling previous one with gifts
By Dawn Chmielewski (Reuters) -The board appointed by Florida Governor Ron DeSantis to oversee Walt Disney’s theme parks accused the…
Bitcoin rises above $42,000 for first time since April 2022
By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach…
Ford’s November US vehicle sales slip, EV sales rise
(Reuters) -Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked…
US stock rally could wobble if tensions spike after Red Sea attacks
By Krystal Hu and Ira Iosebashvili (Reuters) – An attack on an American warship and commercial vessels in the Red…
Brookfield’s $10.6 billion bid for Origin Energy expected to fail on Monday
By Scott Murdoch SYDNEY (Reuters) -The outcome of a Brookfield consortium’s $10.6 billion bid for Australia’s Origin Energy will be…
Walmart says it is not advertising on social platform X
By Siddharth Cavale and Sheila Dang (Reuters) -Walmart said on Friday it is not advertising on social media platform X,…
Tesla’s Cybertruck feels like an SUV; price, lower driving range upset some
By Abhirup Roy, Hyunjoo Jin and Chavi Mehta SAN FRANCISCO (Reuters) -Tesla’s pricier-than-expected Cybertruck pickup, which offers driving ranges that…