MetLife expands asset management arm with up to $1.2 billion deal for PineBridge
(Reuters) -The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire…
Category: Business
Nordstrom family will take retailer private in $4 billion deal
By Savyata Mishra and Juveria Tabassum (Reuters) -The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4…
Elon Musk’s X lifts price for premium-plus tier to pay creators
(Reuters) – Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the…
Apple approaches $4 trillion valuation as investors bet on AI momentum
By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered…
Exclusive-Microsoft works to add non-OpenAI models into 365 Copilot products, sources say
By Anna Tong and Krystal Hu Microsoft has been working on adding internal and third-party artificial intelligence models to power…
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
(Reuters) -Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire…
Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups
NEW YORK (Reuters) – FIFA and Netflix have signed a deal to broadcast the 2027 and 2031 editions of the…
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
(Reuters) -Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire…
US asks Nvidia to probe how its chips ended up in China, Information reports
(Reuters) -The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in…
Nike profits and sales beat forecasts, shares surge 11%
(Reuters) – Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to…