Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. A deal between the companies could be completed over the weekend, the Journal reported, adding...
Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that the social media platform act immediately over Meta’s content targeting...
Jun 23, 2023 | Business, Economy, Top News, US
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve Chairman Jerome Powell’s testimony in which he signaled more interest rate hikes ahead but vowed the central bank would proceed with...
Jun 23, 2023 | Business, Economy, Technology, US
(Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter. In January, the company was valued at $137...
Jun 23, 2023 | Business, Economy, US
By Caroline Valetkevitch NEW YORK (Reuters) – Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies....
Jun 23, 2023 | Economy, Elections, Politics, Top News, US
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will deliver what his aides are billing as a major economic policy speech on Wednesday, laying down a key marker for his re-election campaign. Plans for a speech in Chicago on...
