Macy’s investors mount $5.8 billion buyout bid
By Abigail Summerville (Reuters) -An investor group consisting of Arkhouse Management and…
Month: December 2023
Oil settles slightly higher, investors still wary
By Laura Sanicola (Reuters) -Oil prices settled up slightly on Monday as OPEC+ production…
The Dogs of the Dow for 2024
One of the best end-of-year strategies is the Dogs of the Dow. You simply buy 10 of the…
Microsoft says it does not own any portion of OpenAI
WASHINGTON (Reuters) - Microsoft said in a statement on Friday that it does not own any…
Marketmind: Markets freeze for jobless recession gauge
A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying…
Nasdaq ends sharply higher as Alphabet and AMD fuel AI surge
By Noel Randewich and Shristi Achar A (Reuters) - The Nasdaq ended sharply higher on…
Factbox-Key provisions of the US Congress’ massive defense bill
By Kanishka Singh WASHINGTON (Reuters) - The National Defense Authorization Act, or NDAA,…
Alphabet soars as Wall Street cheers arrival of AI model Gemini
By Aditya Soni (Reuters) - Alphabet shares ended 5.3% higher on Thursday as Wall Street…
Chinese battery giant CATL hits back at Duke Energy disconnecting…
(Corrects paragraph 4 to clarify that Duke Energy disconnected batteries not because of…
Magnetic surgical robot makes international debut in Chile hospital
SANTIAGO (Reuters) - A robot that uses powerful magnets to perform less invasive and more…
Cashing in on the AI Boom: Who’s Next…
Banks Profit to Grow 9% to 15% Annually on Generative AI Adoption Generative artificial…
China’s Nov exports up 0.5%, imports shrink 0.6%
BEIJING (Reuters) - China's exports rose 0.5% in November from a year earlier, while…
Meta to start fully encrypting messages on Facebook and Messenger
(Reuters) -Meta Platforms said on Wednesday it has started to roll out end-to-end…
The Most Valuable Robotics Company is Emerging
Gecko Robotics Raises $100M amid Strong Products Demand Gecko Robotics is becoming one of…
Wall St opens lower as focus shifts to jobs data
(Reuters) - Wall Street's main indexes opened lower on Tuesday as investors waited…
Global dairy companies announce alliance to cut methane at COP28
By Leah Douglas (Reuters) -Six of the world's largest dairy companies will soon begin…
Binance might be peak for U.S. crypto enforcement cases, says CFTC…
LONDON (Reuters) - Enforcement action against crypto firms may have peaked after last…
CVS aims to make pharmacy reimbursement process more transparent
(Reuters) -CVS Health on Tuesday forecast 2024 revenue above market estimates and said it…
Oil drops close to July low on scepticism over OPEC+ cuts
By Natalie Grover London (Reuters) -Global benchmark Brent fell below $78 a barrel, not…
Lamborghini introduces four-day week for production workers
ROME (Reuters) - Lamborghini reached a deal with unions to introduce a four-day week for…
Dollar steady ahead of key job data; yuan weathers China outlook cut
By Amanda Cooper LONDON (Reuters) -The U.S. dollar stood near a one-week high against a…
