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Recent Posts

  • Superior Industries downgraded to ’CC’ at S&P amid potential debt restructuring
    May 13, 2025
  • S&P 500 climbs as cooling inflation keeps trade-driven optimism intact
    May 13, 2025
  • Trump says US adding $1 trillion of investment with Saudi trip
    May 13, 2025
  • December 11, 2024

US asks court to reject TikTok's bid to stave off law that could ban the app

By David Shepardson WASHINGTON (Reuters) -The Justice Department late on Wednesday asked a U.S. appeals court to reject an emergency bid by TikTok to temporarily block a law that...

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  • December 11, 2024

ChatGPT experiences global outage, OpenAI says working on a fix

-- ChatGPT experienced an outage on Wednesday morning as users from across the globe reported an inability to log into the artificial intelligence tool. OpenAI...

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  • December 11, 2024

Yuan under pressure after report China is considering weaker currency

HONG KONG (Reuters) - The yuan was under pressure against the dollar on Thursday, giving up some initial gains as markets digested a Reuters report that China is considering...

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  • December 11, 2024

Analysis-South Korea's tourism, soft power gains, at risk from extended political crisis

By Hyunjoo Jin, Lisa Barrington and Heekyong Yang SEOUL (Reuters) - From plastic surgery clinics to tour firms and hotel chains, South Korea's hospitality sector is wary of the...

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  • December 11, 2024

Luigi Mangione was charged with murder - then donations started pouring in

By Joseph Ax, Rich McKay and Brad Brooks NEW YORK (Reuters) - In the days since Luigi Mangione was charged with murder for gunning down a top health insurance executive, more than...

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  • December 11, 2024

Nike: new CEO Eliott debuts amid challenging times, Stifel says

-- Nike’s recently-named CEO, insider Eliott Hill, has taken the reins amid increased near-term challenges for the apparel maker, Stifel analysts said in a note, while...

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  • December 11, 2024

ServiceTitan prices US IPO above range to raise about $625 million

(Reuters) - Software (ETR:SOWGn) startup ServiceTitan priced its U.S. initial public offering at $71 per share, it said on Wednesday, in an IPO that could see it raise $624.8...

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  • December 11, 2024

Lazard expects dealmaking to pick up, tariffs to be measured

By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) - Investment bank Lazard (NYSE:LAZ)'s CEO, Peter Orszag, predicted a surge in dealmaking momentum to continue into next year,...

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  • December 11, 2024

Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000

By Chibuike Oguh, Purvi Agarwal and Shashwat Chauhan NEW YORK (Reuters) -Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above...

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  • December 11, 2024

Bain Capital invests $157 million in Indonesia's Mayapada Healthcare Group

SINGAPORE (Reuters) - U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada Healthcare Group, or...

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