By David French (Reuters) – U.S. stock indexes ended the second session of the year down again in extended profit-taking…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Apple agrees to settle lawsuit over iTunes gift card scam
By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit…
Intel spins out AI software firm with backing from DigitalBridge
By Stephen Nellis (Reuters) – Intel on Wednesday said it was forming a new independent company around its artificial intelligence…
Bitcoin climbs above $45,000 to 21-month peak as new year kicks off
By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022,…
Tesla extends lead in Norway sales, EVs take 82% market share
By Victoria Klesty OSLO (Reuters) – Tesla topped Norway’s car sales for a third straight year in 2023, extending its…
Alibaba Group says repurchased $9.5 billion worth shares in 2023
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5…
Gold to enter 2024 with sights set on record highs
By Deep Kaushik Vakil (Reuters) -Gold investors anticipate record high prices next year, when the fundamentals of a dovish pivot…
Sales of Indian SUVs soar, smaller cars skid in December
BENGALURU (Reuters) -Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data…
DoorDash plots expansion outside core restaurant business in US – FT
(Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the…