Paramount’s $8.4 billion Skydance merger faces FCC challenge by Center for American Rights
(Reuters) – The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to…
Day: December 17, 2024
Lamborghini delays first EV launch to 2029 as market not ready
(This Dec. 16 story has been corrected to fix the timing of Ferrari’s EV launch in paragraph 2) SANT’AGATA BOLOGNESE,…
Analysis-2024 the ‘year of the bond’ as record inflows top $600 billion
By Harry Robertson LONDON (Reuters) – Investors have poured a record $600 billion into global bond funds this year, taking…
AI startup Databricks hits $62 billion valuation in record VC round
By Krystal Hu and Niket Nishant (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one…
Tesla castigates German union over attempt to oust works council head
FRANKFURT (Reuters) – Tesla accused Germany’s IG Metall union of trying to sow unrest at the EV maker’s gigafactory near…
US Senator Warren says Trump needs to hold Musk to ethics standards
WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren has asked Donald Trump’s transition team to hold Elon Musk to the same…
US targets North Korean money laundering network with sanctions
WASHINGTON (Reuters) -The United States on Tuesday imposed sanctions on two people and one entity based in the United Arab…
MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows
By Niket Nishant and Manya Saini (Reuters) – Retail investors poured nearly $11 million into MicroStrategy’s shares on Monday, almost…