By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity…
Arkhouse, Brigade Capital raise buyout offer for Macy’s to $6.9 billion, WSJ reports
(Reuters) -Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy’s for about $6.9 billion, the Wall…
Taiwan says China seizes fishing boat near its coast
By Ben Blanchard and Yimou Lee TAIPEI (Reuters) -Chinese officials boarded and then seized a Taiwanese fishing boat operating near…
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday…
Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports
(Reuters) -The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus with help from…
Amazon to wind down its Astro for Business security robot
(Reuters) -Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as…
Walmart must face lawsuit over deceptive pricing in stores
By Jonathan Stempel (Reuters) – Walmart must face a lawsuit claiming it often charges higher prices at the register than…
Apple poised to get OpenAI board observer role as part of AI pact, Bloomberg News reports
(Reuters) – Apple will get an observer role on OpenAI’s board as part of a landmark AI agreement announced last…
AI is changing banking, UBS executive says
ZURICH (Reuters) – UBS is seeing a shift in the way clients are interacting with their bankers powered by artificial…
Fed’s Goolsbee sees warnings signs on real economy
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said he sees some “warning signs” of weakening in the…