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Nov 28, 2024
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
By Stephen Nellis (Reuters) - Intel (NASDAQ:INTC) said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its...
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Nov 28, 2024
Microsoft faces wide-ranging US antitrust probe
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft (NASDAQ:MSFT), including of its software licensing and cloud...
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Nov 28, 2024
Chinese stocks to face pressure from tariffs, limited stimulus, UBS Says
-- Chinese equities are expected to face near-term headwinds as lingering tariff uncertainties and limited domestic stimulus dampen market sentiment, UBS analyst said...
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Nov 28, 2024
Thanksgiving travel period off to a record start
By Doyinsola Oladipo NEW YORK (Reuters) - Millions of Americans are set to crowd into airports or hit the road on the Wednesday ahead of Thanksgiving Day which is shaping up to be...
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Nov 28, 2024
BlackRock has deal to buy private credit manager HPS, FT reports
(Reuters) - BlackRock (NYSE:BLK) has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would...
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Nov 28, 2024
Biden administration poised to expand China AI chip sanctions- Wired
-- The Biden administration is expected to unveil a comprehensive set of export restrictions aimed at further limiting China's ability to develop advanced artificial...
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Nov 28, 2024
US stock futures muted after tech losses, rate uncertainty dent Wall St
-- U.S. stock index futures steadied on Wednesday evening following a negative session on Wall Street as weak earnings and increased regulatory jitters dented...
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Nov 27, 2024
BlackRock in preliminary deal to buy private credit group HPS for $12 bln- FT
-- BlackRock Inc (NYSE:BLK) has entered a preliminary deal to buy HPS Investment Partners as the world’s largest asset manager looks to further grow its scope, the...
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Nov 27, 2024
Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
By Saeed Azhar, Johann M Cherian and Purvi Agarwal (Reuters) -Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped...
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Nov 27, 2024
Trump's proposed tariffs on Canada would drive up pump prices, analysts warn
By Shariq Khan and Nicole Jao NEW YORK (Reuters) - U.S. President-elect Donald Trump's pledge to impose tariffs on Canada would drive up fuel prices for Americans as it would...
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