(Reuters) – U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on Monday. The investment firm is considering its options and has not committed to a sale, the report said, citing people familiar with the matter. Blackstone…
By Hyunjoo Jin (Reuters) – A Tesla vehicle that was operating on its Autopilot software crashed into a stationary truck on a highway in Pennsylvania on Friday night, police said, adding to scrutiny of the automaker’s driver assistance system. The Tesla was traveling in the middle lane when it struck the rear end of a…
NEW YORK (Reuters) -A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier’s sex trafficking. The approval was issued by U.S. District Judge Jed Rakoff at a hearing in…
NEW YORK (Reuters) -JPMorgan Chase & Co and General Dynamics Corp board member Jim Crown was killed on Sunday in a vehicle accident near Aspen, Colorado, a county coroner said. Crown was involved in a single vehicle accident at the Aspen Motorsports Park in Woody Creek, Colorado, the Pitkin County Coroner’s office said in a…
(Reuters) – Group Black is in talks to buy a majority stake in Arena Group Holdings Inc, the publisher of Sports Illustrated magazine, the Wall Street Journal reported on Monday, citing people familiar with the matter. The discussions with Arena, which also houses publications such as TheStreet, Parade, and Men’s Journal, are in continuing efforts…
By Andrew Gray BRUSSELS (Reuters) – Ukraine’s work with allies to build broad international support for a peace blueprint has made progress but any summit to endorse a document is at least months away, officials said. Senior officials from Ukraine, G7 countries, the European Union and nations such as Brazil, India, Saudi Arabia, South Africa…
By Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Monday divvied up $42 billion among the nation’s 50 states and U.S. territories to make access to high-speed broadband universal by 2030, as it launched a new publicity campaign for President Joe Biden’s economic policies. The funding under the Broadband Equity Access…
WASHINGTON (Reuters) -The U.S. Army said on Monday it had selected General Dynamics and American Rheinmetall to compete to replace the Bradley fighting vehicle, in a deal that could be worth more than $45 billion to the winner. The two, narrowed from an original field of five, will get contracts to develop detailed digital designs…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Software company Enfusion Inc is attracting takeover interest from private equity firms and strategic buyers, several people familiar with the matter said. Enfusion’s management has been approached in recent months by Francisco Partners, Vista Equity Partners and investment firm Irenic Capital Management, said the sources who asked not…
JERUSALEM/WASHINGTON (Reuters) -The United States on Monday objected to a decision by Israel’s nationalist-religious government to approve the construction of around 5,700 additional housing units for Jewish settlers in the occupied West Bank. The United States was “deeply troubled” by the move, State Department spokesperson Matthew Miller told reporters, adding that U.S. officials had made…
