(Reuters) – The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility…
Category: Business
Amazon signs up FedEx for residential deliveries after UPS pullback
(Reuters) -Amazon has signed up FedEx to handle some parts of its package deliveries, it said on Monday, days after…
OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the…
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over…
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…
Exclusive-China buys Canadian, Australian wheat as heat hits crop, traders say
By Michael Hogan, Peter Hobson and Gus Trompiz HAMBURG/CANBERRA/PARIS (Reuters) -Chinese buyers bought between 400,000 and 500,000 metric tons of…
Paramount’s quarterly results beat estimates on direct-to-consumer growth
(Reuters) -Paramount Global beat Wall Street estimates for first-quarter revenue and profit on Thursday, driven by a growth in its…
Coinbase quarterly profit falls on higher expenses
(Corrects prior-year net income in paragraph 2 to $679.2 million from $697.2 million) (Reuters) -Crypto exchange Coinbase reported a drop…
Beyond Meat withdraws annual forecasts as US faux meat demand slides
(Reuters) -Beyond Meat on Wednesday withdrew its annual sales target as macroeconomic volatility and high inflation in the United States…
Boeing taps Wisk Aero CEO to head commercial airplane product development
By Dan Catchpole SEATTLE -Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product…