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Category: Business

Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
Business

Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

By Milana Vinn and Mike Spector NEW YORK (Reuters) – Buyout firms Vista Equity Partners and Blackstone are in advanced…

September 16, 2024September 16, 2024
Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Business

Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains

(Reuters) -Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker’s disappointing quarterly earnings forecast sparked fears that…

September 13, 2024
Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta
Business

Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta

(Reuters) -Uber Technologies said on Friday it would expand its partnership with Alphabet’s Waymo to bring ride hailing to Austin,…

September 13, 2024
Business

Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast

By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…

September 13, 2024
Business

Delta Air sees improvement in unit revenue trends, shares rise

(Reuters) -Delta Air Lines said on Thursday it was seeing an improvement in third-quarter unit revenue trends, citing strength in…

September 12, 2024
Business

Top tech, US officials to discuss powering AI, source says

By Timothy Gardner and Susan Heavey WASHINGTON (Reuters) -Top technology executives will meet with senior U.S. officials at the White…

September 12, 2024
US crypto stocks fall on rising bets of Harris win after presidential debate
Business

US crypto stocks fall on rising bets of Harris win after presidential debate

(Reuters) – U.S. cryptocurrency stocks fell in premarket trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival…

September 11, 2024
Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
Business

Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale

(Reuters) – Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues…

September 11, 2024
India leads in crypto adoption for second straight year, report shows
Business

India leads in crypto adoption for second straight year, report shows

(Reuters) – India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the…

September 11, 2024
Nike shareholders vote against proposal on workers’ rights
Business

Nike shareholders vote against proposal on workers’ rights

By Ananya Mariam Rajesh and Nicholas P. Brown (Reuters) -Nike shareholders have voted against a proposal to consider joining binding…

September 10, 2024September 10, 2024

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