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Category: Business

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
OpenAI launches new series of AI models with ‘reasoning’ abilities
Business

OpenAI launches new series of AI models with ‘reasoning’ abilities

(Reuters) -Microsoft-backed OpenAI said on Thursday it was launching a series of AI models designed to spend more time processing…

September 12, 2024January 27, 2025
News Corp would lose $9 million by ditching Google ads, ex-exec testifies
Business

News Corp would lose $9 million by ditching Google ads, ex-exec testifies

By Jody Godoy ALEXANDRIA, Virginia (Reuters) – News Corp explored switching away from Google’s advertising tools in 2017 but estimated…

September 10, 2024January 27, 2025
JPMorgan shares slide on more cautious outlook for interest income
Business

JPMorgan shares slide on more cautious outlook for interest income

By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…

September 10, 2024January 27, 2025
Losses from crypto scams grew 45% in 2023, FBI says
Business

Losses from crypto scams grew 45% in 2023, FBI says

By Hannah Lang (Reuters) – Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than…

September 9, 2024January 27, 2025
Factbox-Apple iPhone 16 event: Key announcements so far
Business

Factbox-Apple iPhone 16 event: Key announcements so far

(Reuters) – Apple on Monday unveiled an artificial intelligence focused-iPhone 16 lineup, a sleeker Apple Watch, AirPods 4, and said…

September 9, 2024January 27, 2025

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