(Reuters) – Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans…
Tesla launches cheaper Model S, X versions in US with shorter ranges
By Mrinmay Dey and Akash Sriram (Reuters) -Tesla on Monday launched cheaper variants of its Model S sedan and Model…
Nvidia shares climb as analysts raise targets ahead of report
(Reuters) – Shares of Nvidia rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their…
S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
By Saeed Azhar and Amruta Khandekar NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed higher on Monday…
Burry, famous for ‘Big Short,’ bought bearish options against S&P, Nasdaq 100
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) -Michael Burry, the money manager made famous in the book…
Investors pummeled by tech in 2022 make new bets on sector in second quarter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several investment managers whose performance was pummeled when technology stocks skidded lower last…
Esmark makes $7.8-billion offer for U.S. Steel Corp
(Reuters) -Esmark, a privately held company, said on Monday it had made an offer to buy U.S. Steel Corp for…
Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT
(Reuters) – Retail investors who lost money when Credit Suisse was taken over by UBS in March plan to file…
U.S. Steel explores options after rejecting $7.3 billion offer from Cleveland-Cliffs
By Jyoti Narayan and Akanksha Khushi (Reuters) -United States Steel Corp on Sunday launched a formal review of its strategic…
Ford reaches deal to move industrial unit to Brazil’s Bahia state
SAO PAULO (Reuters) – Ford’s Brazilian unit on Friday said it reached a transfer agreement with the government of Bahia…