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Recent Posts

  • Investors react to Trump’s 30% tariffs on EU and Mexico
    July 12, 2025
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    July 12, 2025
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    July 12, 2025
  • November 15, 2024

EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace

BRUSSELS (Reuters) -The European Commission on Thursday fined Meta Platforms (NASDAQ:META) €797.72 million ($840.24 million) over abusive practices benefiting Facebook...

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  • November 15, 2024

Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings

By Svea Herbst-Bayliss NEW YORK (Reuters) - Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health (NYSE:CVS) and added to existing...

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  • November 14, 2024

Bristol Myers faces renewed, $6.7 billion lawsuit over delayed cancer drug

NEW YORK (Reuters) - Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene (NASDAQ:CELG) shareholders by delaying federal...

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  • November 14, 2024

US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack

By Kanishka Singh WASHINGTON (Reuters) - A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds...

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  • November 14, 2024

Lenovo Q2 profit jumps 44% on AI demand boost

-- Lenovo Group (HK:0992) clocked a sharp jump in its profit for the September quarter as the PC maker saw strong demand for its devices and its tech infrastructure...

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  • November 14, 2024

Disney offers robust multi-year forecast, stoking stock

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney (NYSE:DIS) shares surged Thursday after the entertainment giant reported quarterly earnings that beat...

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  • November 14, 2024

Wall St indexes end lower after Powell erodes hopes for December rate cut

By Sinéad Carew and Lisa Pauline Mattackal (Reuters) -Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for...

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  • November 14, 2024

Tesla, financials and other 'Trump trades' drew funds in Q3, filings show

By Carolina Mandl NEW YORK (Reuters) -Hedge funds piled into bets on financial stocks, Tesla (NASDAQ:TSLA) shares and a prison operator in the third quarter, filings showed, ahead...

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  • November 14, 2024

No joke: the Onion parody website buys Alex Jones' Infowars out of bankruptcy

By Dietrich Knauth and Katie Paul NEW YORK (Reuters) -Like a headline lifted from the Onion, the parody news website is buying conspiracy theorist Alex Jones' Infowars in a...

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  • November 14, 2024

Chinese self-driving firm Pony AI seeks up to $4.5 billion valuation in US IPO

By Arasu Kannagi Basil (Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm...

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