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Category: Business

Business

Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

By Anirban Sen (Reuters) – L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached U.S.…

July 22, 2024January 27, 2025
Business

Tesla halted some production lines due to global IT outage, Business Insider reports

(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar…

July 19, 2024January 27, 2025
Business

Exclusive-Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties

By David Shepardson (Reuters) -Chrysler parent Stellantis paid $190.7 million in civil penalties for failing to meet U.S. fuel economy…

July 19, 2024January 27, 2025
Business

Oracle reaches $115 million consumer privacy settlement

By Jonathan Stempel (Reuters) – Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and…

July 19, 2024January 27, 2025
Business

Exclusive-Collaboration software maker Smartsheet fields buyout interest, sources say

By Milana Vinn and Anirban Sen (Reuters) – Smartsheet, a U.S. maker of workplace collaboration software with a market value…

July 18, 2024January 27, 2025
Business

Exclusive-FTC seeking details on Amazon deal with AI startup Adept, source says

By Krystal Hu, Greg Bensinger and Jody Godoy (Reuters) – The U.S. Federal Trade Commission has asked Amazon.com to provide…

July 16, 2024January 27, 2025
Business

Microsoft’s hiring of former Inflection AI staff prompts UK probe

By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of…

July 16, 2024January 27, 2025
Business

BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks

By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the…

July 15, 2024January 27, 2025
Business

Berkshire Hathaway share price sets record high

By Jonathan Stempel (Reuters) -Berkshire Hathaway’s share price hit a record high on Monday, reflecting investors’ confidence in Warren Buffett’s…

July 15, 2024January 27, 2025
Business

Samsung bolsters AI in foldable phones, health monitoring in smartwatch, ring

By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest foldable smartphones on Wednesday, making its priciest flagship model…

July 10, 2024January 27, 2025

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