More Than 10 Funds Consider Making Strategic Proposals To Toshiba -NHK
TOKYO (Reuters) – More than 10 investment funds are considering making strategic proposals, including a potential buyout, to Toshiba Corp…
SoftBank’s Chip Tech Firm Arm Posts Record 2021 Revenue
By Jane Lanhee Lee SAN FRANCISCO (Reuters) – SoftBank Group Corp’s chip technology firm Arm Ltd on Thursday reported record…
Twitter CEO Says Two Leaders To Depart, Hiring Paused Amid Musk Takeover
By Sheila Dang (Reuters) -Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media…
U.S. Oil Pipeline Operators Gear Up For Higher Shale Output
By Arathy Somasekhar HOUSTON (Reuters) – The volume of crude oil flowing on pipelines from the top U.S. shale field…
CEO of FTX crypto exchange buys big stake in Robinhood
NEW YORK (AP) — The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to…
Powell: ‘Soft’ economic landing may be out of Fed’s control
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the…
World Shares Sink As Inflation, Economic Fears Persist
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World equities fell on Thursday to an 18-month-low, with markets dogged by…
Crypto Exchange FTX CEO Reveals Stake In Trading App Robinhood
(Reuters) – Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets…
Wall Street Whipsaws, S&P Closes Lower On Worries Of Prolonged Inflation
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled…
Financial Giants Tiptoe Into TikTok
By Chris Taylor NEW YORK (Reuters) – As TikTok accounts focused on money gain huge followings, stodgy financial firms are…