Blackstone in talks to buy utility TXNM, source says
(Reuters) – The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility…
Category: Business
Fidelity website outage blocks users from trading rally
By Suzanne McGee (Reuters) -Fidelity trading platforms experienced outages just as U.S. stock markets opened for trading on Monday morning,…
AI firm Perplexity eyes $14 billion in valuation in fresh funding round, WSJ reports
(Reuters) -Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup…
BYD factory delayed in Brazil to be ‘fully functional’ by end-2026, says official
By Fabio Teixeira RIO DE JANEIRO (Reuters) -Chinese electric car maker BYD’s new factory in Brazil will be “fully functional”…
OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the…
Audi CEO expects ‘more bearable’ tariff regulation in coming months
FRANKFURT (Reuters) -Volkswagen’s premium brand Audi, which has no production in the United States, expects current trade talks between Brussels…
J&J’s skin disease drug meets main goal in late-stage study
(Reuters) -Johnson & Johnson said on Friday its experimental psoriasis drug helped patients achieve clear or almost clear skin in…
Pinterest shares surge as strong ad spend defies tariff uncertainty
(Reuters) -Pinterest shares jumped over 12% in premarket trading on Friday, after a strong quarterly revenue forecast allayed investor jitters…
Trump says 80% tariff on Chinese goods “seems right”
(Reuters) -U.S. President Donald Trump said on Friday that 80% tariffs on Chinese goods “seems right” as representatives prepared for…
Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears
By Sriparna Roy (Reuters) -Novavax on Thursday tried to calm investors spooked by the delay of full approval of its…