Blackstone Offers Backstop To Lure University Of California In Redemption-stricken REIT
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of…
January 2023
Bankman-Fried Pleads Not Guilty In FTX Fraud Case, October Trial Set
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that…
Foxconn To Use Nvidia Chips To Build Self-driving Vehicle Platforms
(Reuters) -Chipmaker Nvidia Corp and electronics manufacturer Foxconn announced a partnership on Tuesday to develop autonomous vehicle platforms. Taiwanese contract…
Apple’s Market Value Falls Below $2 Trillion For The First Time Since 2021
(Reuters) – Apple Inc’s market capitalization slipped below $2 trillion on the first trading of 2023 as its stock fell…
Dollar Posts Big Gains, U.S. Stocks Buck Global Rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar headed for its largest one-day rise in over…
Southwest Airlines Is Sued For Not Providing Refunds After Meltdown
By Jonathan Stempel NEW YORK (Reuters) – Southwest Airlines has been sued by a passenger who said it failed to…
Canada Factory Sector Posts Longest Slowdown In 7 Years
TORONTO (Reuters) – Canadian manufacturing activity contracted at a slightly faster rate in December as an uncertain economic outlook and…
Wall Street Eyes Higher Open On First Trading Day Of 2023
By Shubham Batra and Amruta Khandekar (Reuters) -Wall Street’s main indexes were set to open higher on the first trading…
Dollar Jumps To Two-week High, Euro Slides As German Inflation Eases
By Samuel Indyk LONDON (Reuters) – The euro was on track for its biggest one-day drop since September as German…
Startups Spring From Ashes Of Big Tech Purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November,…