Musk disregarded warnings, hid Twitter stake, US lawsuit claims
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered…
Business
Saudi government to raise up to $12 billion from new Aramco share sale
By Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) – Saudi Arabia is selling a stake of roughly 0.64%…
Dell beats first-quarter revenue estimates as AI boom bolster server demand
(Reuters) -Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, ending a streak of six-quarters of decline, but…
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
Boeing says it’s making progress on 737 MAX anti-ice engine issue
WASHINGTON (Reuters) – Boeing said Wednesday it is making progress on developing a permanent solution to address an issue with…
ConocoPhillips to buy Marathon Oil for $22.5 billion in latest energy merger
(Reuters) -ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion all-stock deal, the latest in a series…
Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment…
Boeing’s cash flow situation is worse than expectations, S&P analyst says
(Reuters) – Boeing’s cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the…
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its…