By Daniel Cole LOS ANGELES (Reuters) – A wildfire burned about 200 acres (80 hectares) and threatened homes in an…
Point72 kicks off new private credit strategy, statement shows
NEW YORK (Reuters) – Point72 Asset Management has hired Todd Hirsch, a former senior managing director at Blackstone, to head…
Emirati billionaire to invest $20 billion in US data centers, Trump says
PALM BEACH, Florida (Reuters) – Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center…
AI startups drive VC funding resurgence, capturing record US investment in 2024
By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from…
Biden team wraps up expanded clean energy credit guidance
WASHINGTON (Reuters) – The Biden administration on Tuesday released guidance to help companies secure clean energy tax credits under the…
Nvidia CEO says company has plans for desktop chip designed with MediaTek
By Stephen Nellis (Reuters) -Nvidia Chief Executive Jensen Huang said on Tuesday that MediaTek will be able to sell the…
Trump says he sympathizes with Russia’s opposition to NATO membership for Ukraine
By Gram Slattery and Helen Reid WASHINGTON (Reuters) – President-elect Donald Trump said on Tuesday he sympathized with the Russian…
Tech group urges US to halt rule that would limit global access to AI chips
By Karen Freifeld (Reuters) – A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing…
US port labor talks resume with spotlight on automation
By Lisa Baertlein (Reuters) – Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to…
US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a…