(Reuters) – Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying…
Investors shed stocks at fastest weekly rate in 2023
By Lucy Raitano LONDON (Reuters) -Investors sold stocks at the fastest weekly rate this year in the week to Wednesday,…
Britain set to clear fresh Microsoft-Activision deal
By Paul Sandle and Yadarisa Shabong LONDON -Microsoft’s restructured $69 billion acquisition of Activision Blizzard “opens the door” to the…
Toyota to speed up EV production, aims for over 600,000 vehicles in 2025 – Nikkei
TOKYO (Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei…
US stocks close at lowest since June, Treasury yields spike on hawkish Fed
By Stephen Culp NEW YORK (Reuters) – Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite…
Biden administration announces plans to cut medical bills from credit reports
By Andrea Shalal and Douglas Gillison (Reuters) – The Biden administration on Thursday announced plans to remove medical bills from…
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Thursday, but remained…
Cisco taps new M&A firm Tidal for $28 billion Splunk deal
By Milana Vinn and Anirban Sen NEW YORK (Reuters) -A new mergers and acquisitions advisory firm launched last year by…
Oil prices ease 1% after US Fed warns of higher rates for longer
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 1% to a one-week low on Wednesday after the U.S.…
Musk’s Neuralink to start human trial of brain implant for paralysis patients
(Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board…