By Sheila Dang and Krystal Hu (Reuters) – U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok’s…
US finalizes up to $6.35 billion in chips awards for Samsung Electronics, Texas Instruments
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it was finalizing an award of up to…
US government shutdown showdown creates another investor worry
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The messy process of trying to avert a U.S. government shutdown offers…
Tesla’s 2024 deliveries growth might hinge on Musk’s unorthodox Cybertruck
By Abhirup Roy SAN FRANCISCO (Reuters) – Tesla is aiming to post slight growth in 2024 deliveries over last year…
US government shutdown could cost travel sector $1 billion per week, disrupt holiday travel
WASHINGTON (Reuters) – A partial government shutdown could cost the U.S. travel industry $1 billion per week and lead to…
Exclusive-Nippon Steel alleges undue White House influence on doomed deal review, letter says
By Alexandra Alper WASHINGTON (Reuters) -Nippon Steel alleges the White House had “impermissible undue influence” over a national security review…
AI startup Databricks hits $62 billion valuation in record VC round
By Krystal Hu and Niket Nishant (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one…
Gaza ceasefire talks gain momentum as officials push for deal
By Erin Banco and Nidal al-Mughrabi WASHINGTON/CAIRO (Reuters) -An agreement to halt the 14-month-old war in Gaza and free hostages…
Grubhub to pay $25 million for misleading customers, restaurants, drivers
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday…
MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows
By Niket Nishant and Manya Saini (Reuters) – Retail investors poured nearly $11 million into MicroStrategy’s shares on Monday, almost…