UAW strike against Detroit Three automakers enters third day
By David Shepardson (Reuters) -The United Auto Workers strike against the Detroit Three automakers entered its third day on Sunday…
Updated
Analysis-Upheavals in Xi’s world spread concern about China’s diplomacy
By Greg Torode and Martin Quin Pollard BEIJING (Reuters) – The disappearance of China’s defence minister, the latest in a…
SoftBank’s Son plans AI deal spree after Arm IPO – FT
(Reuters) -SoftBank is looking for deals in artificial intelligence (AI), including a potential investment in OpenAI, after the blockbuster listing…
Wall Street ends sharply lower as chipmakers and megacaps slide
By Noel Randewich and Ankika Biswas (Reuters) – U.S. stocks ended sharply lower on Friday as chipmakers dropped on concerns…
Mogul Byron Allen makes $10 billion bid for Disney’s ABC, other networks
By Dawn Chmielewski, Kanjyik Ghosh and Dimpal Gulwani (Reuters) -Media entrepreneur Byron Allen has made a $10 billion bid to…
Biden’s offshore wind target slipping out of reach as projects struggle
By Nichola Groom (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this…
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
By Jaiveer Shekhawat (Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen and Japan’s SoftBank, fell in their market…
SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation
By Manya Saini, Niket Nishant and Echo Wang (Reuters) -Shares in SoftBank’s Arm Holdings soared almost 25% above their Nasdaq…
Wall Street rallies, dollar surges as data cements Fed pause bets
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher and the greenback jumped on Thursday as robust…
Gold Hits Three-Week Low Amid Robust U.S. Data Boosting Dollar and Yields
Gold prices remained steady near a three-week low on Thursday, as the latest data on U.S. producer prices and retail…