Wellington in talks to invest in Kim Kardashian’s Skims at $4 billion valuation-sources
(This story has been refiled to remove the extraneous word ‘valuation’ in paragraph 1) By Abigail Summerville and Krystal Hu…
Business
AI explosion merits regulation to rein in threats, experts say
By Sheila Dang AUSTIN (Reuters) – Rapid advancements in artificial intelligence have the potential to exacerbate societal problems and even…
Marketmind: Markets buoyant as US inflation, dollar slide
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Meta to contest EU antitrust charges at July 13 hearing
By Foo Yun Chee BRUSSELS (Reuters) – Facebook owner Meta will contest EU antitrust charges at a closed hearing on…
UK buyers retreat from housing market, further slowdown seen – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market showed signs of a slowdown in June and property surveyors expect…
Global investors relieved by China tech rebound, but not convinced yet
By Xie Yu and Summer Zhen HONG KONG (Reuters) -Rather than spur a relief rally in China’s battered tech sector,…
Arizona man who joined Jan. 6 ‘Stop the Steal’ rally sues Fox News for defamation
By Helen Coster, Tom Hals and Jack Queen NEW YORK (Reuters) – An Arizona man filed a defamation lawsuit against…
Nasdaq leads Wall St to higher close as CPI report lifts sentiment
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…
ViaSat-3 Americas satellite faces deployment issue
(Reuters) – Viasat said on Wednesday there was an anomaly during the deployment of its ViaSat-3 Americas satellite in space…
US SEC scraps contentious pricing proposal in final money market fund reforms
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing…