Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports
(Reuters) -TikTok’s U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a framework…
Category: General
Tesla settles 2019 California crash lawsuit ahead of jury trial, Bloomberg News reports
(Reuters) -Tesla reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in…
BlackRock adds to key executive committee in talent shuffle, Financial Times reports
(Reuters) -BlackRock on Tuesday added 20 of its top executives to a committee which plays a vital role in shaping…
Mexico launches 5-billion-euro bond issue to partially fund Pemex bond buyback
Sep 15 (Reuters) -Mexico launched on Monday a three-tranche bond issue for up to 5 billion euros ($5.88 billion) to…
Alphabet enters $3 trillion market cap club as Big Tech’s AI momentum builds
By Johann M Cherian and Shashwat Chauhan (Reuters) – Google parent Alphabet hit a market capitalization of $3 trillion for…
Nasdaq supports reforms to reduce burden on public companies, CEO Friedman says
(Reuters) -Nasdaq CEO Adena Friedman on Monday advocated to provide public companies the option to report either quarterly or semi-annually,…
Bessent says US won’t hit China with tariffs over Russian oil unless Europe goes first
By David Lawder MADRID (Reuters) -U.S. Treasury Secretary Scott Bessent said on Monday the Trump administration would not impose additional…
Fed seen on track for rate cuts as job worries eclipse inflation fears
(Reuters) – Concern about a softening job market will keep the Federal Reserve on course to resume its interest rate…
Southwest Airlines eyes long-haul flights in strategic overhaul
By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines CEO Bob Jordan said on Thursday the company is looking at…
U.S. August deficit falls to $345 billion as tariff revenues rise
WASHINGTON (Reuters) -The U.S. budget deficit for August fell $35 billion or 9% from a year earlier to $345 billion…