High-grade US firms finance new M&A with more equity and cash, less debt
By Matt Tracy (Reuters) -Top-rated U.S. companies have financed their acquisitions mostly with equity and cash instead of debt this…
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
By Arasu Kannagi Basil and Ateev Bhandari (Reuters) -Modular building startup Boxabl will go public in the U.S. through a…
Amazon overhauls Wondery podcast studio, cuts 110 jobs
(Reuters) -Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business Wars” to Audible…
Lyft, China’s Baidu to launch robotaxi service in Europe next year
By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China’s Baidu to deploy robotaxis…
Oil producer pressure, Trump rollbacks threaten last-chance global plastics treaty
By Olivia Le Poidevin and Valerie Volcovici GENEVA (Reuters) -Hopes for a “last chance” ambitious global treaty to curb plastic…
Tesla approves share award worth $29 billion to CEO Elon Musk
By Aditya Soni (Reuters) -Tesla has granted CEO Elon Musk shares worth about $29 billion, in a new pay deal…
Warburg Pincus-backed Miami International eyes up to $1.7 billion valuation in US IPO
(Reuters) -Miami International Holdings, the parent of bourse operator MIAX, said on Monday it was targeting a valuation of up…
Reddit surges as AI-driven ad strategy wins praise from Wall Street
By Kritika Lamba and Rashika Singh (Reuters) -Reddit’s shares surged 15% on Friday after it reported quarterly results that exceeded…
Ford’s US July sales rise over 9% on SUV, pickup demand
(Reuters) -Ford on Friday reported a 9.3% rise in U.S. auto sales for July compared to the previous year, helped…
Canada trade team could quit DC talks after Trump tariffs, says Carney adviser
By David Ljunggren OTTAWA (Reuters) -The Canadian team working on a trade deal with the United States could walk away…