Fidelity spot bitcoin ETF application refiled with U.S. SEC
(Reuters) -Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot…
Business
Canada says Microsoft deal to buy Activision likely to lessen competition
WASHINGTON (Reuters) -Canada’s Department of Justice has concluded that Microsoft’s deal to buy “Call of Duty” maker Activision Blizzard “is…
AMC ‘backstabbed’ retail investors, settlement opponent tells court
By Jody Godoy (Reuters) – An AMC Entertainment Holdings shareholder who objected to a settlement over the theater chain’s controversial…
S&P 500 ends higher, Treasury yields touch three-month high on solid US economic data
By Stephen Culp NEW YORK (Reuters) – The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest…
SVB Financial nears approval to sell its investment banking business
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge said Thursday that he would allow SVB Financial Group…
US yield curve inversions deepen on hawkish Fed, strong data
By Davide Barbuscia NEW YORK (Reuters) -Several parts of the U.S. Treasury yield curve are reaching deeper levels of inversion,…
US weekly jobless claims post biggest drop in 20 months as economy shows stamina
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week by…
Dollar index hits two-week high as data boosts Fed hike expectations
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar index climbed to a two-week high on Thursday after economic…
Credit Suisse appoints investment banking management committee -memo
By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday…