US holiday retail sales grow 3.1%, down from prior year -Mastercard
(Reuters) -U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid…
Bristol Myers to buy RayzeBio for $4.1 billion in targeted cancer therapy push
By Bhanvi Satija (Reuters) -Bristol Myers Squibb said on Tuesday it would buy RayzeBio for about $4.1 billion to bolster…
Big oil enters 2024 strengthened by U.S. industry consolidation
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023,…
Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country
By Steven Scheer JERUSALEM (Reuters) -Israel’s government agreed to give Intel a $3.2 billion grant for a new $25 billion…
Christmas in China brings glittering decor and foreign influence concerns
By Ryan Woo BEIJING (Reuters) -Giant Christmas trees adorned with lights, tinsel and gift boxes greet shoppers at glittering malls…
Shipping giant Maersk prepares to resume operations in Red Sea
WASHINGTON (Reuters) – Denmark’s Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden,…
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) – Wall Street is counting on the so-called Santa Claus Rally to bring record…
Taiwan reports more Chinese military activity as election approaches
TAIPEI (Reuters) – Taiwan reported Chinese warplanes and warships around the island on Saturday, including aircraft crossing the sensitive median…
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost…
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above…