By Saeed Azhar and Svea Herbst-Bayliss NEW YORK (Reuters) -Bank of America has eliminated 150 junior banker jobs in its…
Author: Coin Craziness
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
(Reuters) -Uber has terminated its $950 million bid for Delivery Hero’s Foodpanda business in Taiwan, the food delivery company said…
Morning Bid: Another sea of red as tariffs trump ceasefire hopes
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets Wall Street’s failure…
Trump to sign executive order on disaster relief on Monday
WASHINGTON (Reuters) -U.S. President Donald Trump plans to sign an executive order on Monday designed to empower state and local…
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
(Reuters) – Oracle CEO Safra Catz said that the company’s large sales backlog will help drive 15% growth in its…
Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK (Reuters) -Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two…
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Wells Fargo sues JPMorgan over troubled $481 million real estate loan
By Jonathan Stempel NEW YORK (Reuters) -Wells Fargo sued JPMorgan Chase on Monday to recover losses for investors in a…
US foreign aid orgs say they are owed more than $671 million by Monday deadline
By Brendan Pierson U.S. foreign aid organizations suing President Donald Trump’s administration over its freeze of nearly all foreign aid…
Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis…