Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
By Nicole Jao NEW YORK (Reuters) – Oil prices rose nearly 3% on Wednesday, rebounding from seven-week lows after the…
Category: Business
Ackman’s Pershing Square USA withdraws US IPO
(Reuters) – Pershing Square USA said on Wednesday it was withdrawing its initial public offering, a day after hedge fund…
CrowdStrike down after report Delta Air to seek compensation over IT outage
(Reuters) – Shares of CrowdStrike fell more than 4% in premarket trading on Tuesday after a report Delta Air Lines…
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the…
McDonald’s sales fall globally for first time in more than three years
By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters,…
Charter to pay $15 million to resolve US probe into network outage rules
WASHINGTON (Reuters) – Charter Communications will pay a $15 million civil penalty to resolve an investigation into compliance with network…
Oil falls 2% as Israel seeks to avoid broader Middle East conflict
By Laila Kearney NEW YORK (Reuters) -Oil fell by nearly 2% on Monday after Israeli officials said they wanted to…
Paris Olympics opening ceremony draws 28.6 million US viewers, most since 2012
By Sheila Dang PARIS (Reuters) – The opening ceremony for the Paris Olympics drew 28.6 million U.S. viewers, according to…
Amazon under second investigation in Milan for tax evasion, sources say
MILAN (Reuters) – An Italian unit of Amazon is being investigated by Milan prosecutors for suspected tax evasion, two sources…
Paris Olympics broadcasters diverge on AI approach
By Sheila Dang (Reuters) – The Paris Olympics will be a showcase of generative AI for American viewers but European…