Today: November 19, 2024
Today: November 19, 2024

Latest From Reuters

Business|Economy|Finance|US

Factbox-Automakers with non-union workforce race to bump pay after UAW's record deals

Car companies with production facilities in the United States are bumping up pay for their non-union workers after the United Auto Workers (UAW) secured record wage hikes and benefits for

Factbox-Automakers with non-union workforce race to bump pay after UAW's record deals
Business|Finance|Health

Morgan Stanley's Andy Saperstein diagnosed with cancer - memo

Morgan Stanley co-President Andy Saperstein has been diagnosed with cancer, he wrote in an internal memo seen by Reuters on Tuesday.

Morgan Stanley's Andy Saperstein diagnosed with cancer - memo
Business|News|Technology

US telecom regulator wants to bar cable TV early termination fees

Federal Communications Commission Chair Jessica Rosenworcel on Tuesday proposed to bar cable and satellite TV providers from charging consumers early termination fees to exit

US telecom regulator wants to bar cable TV early termination fees
Business|Finance|Stock Markets

Blackstone and Permira to buy Adevinta for about $13 billion

Permira and Blackstone on Tuesday said that they will acquire eBay-backed online classifieds group Adevinta ASA for about 141 billion Norwegian crowns ($13.06 billion).

Blackstone and Permira to buy Adevinta for about $13 billion
News|Political|US|World

Biden: "Very close" to securing release of some hostages held by Hamas

U.S. President Joe Biden on Tuesday said a deal is "very close" to free some of the more than 200 hostages being held by Hamas in Gaza.

Biden: "Very close" to securing release of some hostages held by Hamas
Business|Finance|Technology

Walmart bets on parcel stations for quick deliveries to propel holiday sales

Retail bellwether Walmart on Tuesday said it would be adding parcel stations to its online fulfillment centers as it looks to cash in on demand for quick deliveries heading into the

Walmart bets on parcel stations for quick deliveries to propel holiday sales
Business|Finance|News|Technology

Luminar CEO's deal to buy Forbes called off - The Information

Forbes' parent company has called off its acquisition by Luminar Technologies CEO Austin Russell, as the billionaire could not come up with the financing, the Information reported on

Luminar CEO's deal to buy Forbes called off - The Information
Business|Finance|Technology

OpenAI board, Altman in talks for a return of former CEO - Bloomberg News

Sam Altman and OpenAI's board have opened discussions with the aim of bringing back the former CEO of the artificial intelligence startup, Bloomberg News reported on Tuesday, citing people

OpenAI board, Altman in talks for a return of former CEO - Bloomberg News
Business|Crime|Finance|Technology|US

Binance chief will admit violating US laws as part of $4 billion deal to resolve probe

Binance Holdings chief Changpeng Zhao will admit violating U.S. laws as part of a deal to resolve a U.S. probe into illicit finance breaches, according to a source familiar with

Binance chief will admit violating US laws as part of $4 billion deal to resolve probe
Business|Finance|Technology

Binance's Zhao says Richard Teng to become next CEO

Binance founder Changpeng Zhao said on Tuesday insider Richard Teng has been named the new chief executive of the cryptocurrency exhange.

Binance's Zhao says Richard Teng to become next CEO
Business|Finance|Technology

Nvidia forecasts fourth-quarter revenue above estimates

Chip designer Nvidia forecast fiscal fourth-quarter revenue above Wall Street targets on Tuesday on expectations that improving supply chain dynamics will help it meet strong demand for

Nvidia forecasts fourth-quarter revenue above estimates
Business|Entertainment|News

Disney sees higher costs to create content after Hollywood pay raises

Walt Disney said on Tuesday the new collective bargaining agreements with the Directors Guild of America, WGA and SAG-AFTRA will lead to increased costs to create content.

Disney sees higher costs to create content after Hollywood pay raises
Business|Economy|Finance|News|US

Starbucks labor group plans board fight - WSJ

A labor group is seeking representation on Starbucks board ratcheting up pressure in a battle between the coffee giant and its workers over pay and working conditions, the Wall Street

Starbucks labor group plans board fight - WSJ
Business|Crime|Finance|Technology|US

Factbox-Highlights from US charges against crypto exchange Binance

Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking criminal U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the

Factbox-Highlights from US charges against crypto exchange Binance
Economy|Finance

Canada tax rule curbs Airbnb deductions to ease rental shortage

Canada introduced tax measures on Tuesday to ease a severe rental housing shortage by limiting income tax deductions on short-term rentals on services such as Airbnb Inc and VRBO,

Canada tax rule curbs Airbnb deductions to ease rental shortage
Business|Celebrity|Entertainment|Finance

Music rights giant BMI to be bought by New Mountain-led group

An investor group led by New Mountain Capital on Tuesday agreed to buy Broadcast Music Inc (BMI), the music rights company that represents top songwriters including Lady Gaga, Taylor Swift

Music rights giant BMI to be bought by New Mountain-led group
Business|Finance|US

Bankrupt WeWork enters financing agreements with certain lenders

WeWork said on Tuesday it had secured commitments for up to $682.5 million in debtor-in-possession financing from some of its lenders, weeks after the shared office space provider filed

Bankrupt WeWork enters financing agreements with certain lenders
Business|Technology

Global smartphone market sees growth after over 2 years in October - Counterpoint

The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from Counterpoint Research.

Global smartphone market sees growth after over 2 years in October - Counterpoint
News|Science|Technology|World

Russia deploys new nuclear missile in Kaluga region - RIA

Russia has deployed a new Yars intercontinental ballistic missile at the Kozelsk base in the Kaluga region, southwest of Moscow, the RIA news agency cited the defence ministry as saying on

Russia deploys new nuclear missile in Kaluga region - RIA
Asia|News

Factbox-Military agreement fractures as tensions rise with North Korea

South Korea said on Wednesday it would suspend parts of a 2018 military agreement with North Korea designed to curb the risk of inadvertent clashes along their shared border, in

Factbox-Military agreement fractures as tensions rise with North Korea
MidEast|News|World

Qatar says four-day humanitarian pause in Gaza subject to extension

Qatari foreign ministry said on Wednesday Hamas and Israel have agreed on a humanitarian pause in Gaza hostilities for four days, subject to extension, the starting time of the which

Qatar says four-day humanitarian pause in Gaza subject to extension
MidEast|News|Political|US|World

US president Biden welcomes Israel, Hamas deal for release of Gaza hostages

U.S. President Joe Biden on Tuesday welcomed the deal to secure the release of hostages taken by Palestinian Islamist group Hamas during the attack on Israel.

US president Biden welcomes Israel, Hamas deal for release of Gaza hostages
Business|Europe|Finance|Stock Markets|Technology

Marketmind: Nvidia shares take bumpy ride after hours

A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia, which in AI tech terms is the only company selling shovels during a gold rush.

Marketmind: Nvidia shares take bumpy ride after hours
Business

OpenAI restores Sam Altman as CEO after his tumultuous ouster

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the

OpenAI restores Sam Altman as CEO after his tumultuous ouster
Business|Finance|Stock Markets|US

Barclays forecasts Fed to stand pat on rates in January

Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an earlier forecast of a 25-basis-point hike.

Barclays forecasts Fed to stand pat on rates in January

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