(Reuters) -Macy’s said on Sunday it had rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing co[...]
Read more
January 22, 2024
Japan’s Nikkei Scales 34-year Peak on Wall Street Record
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rallied to a fresh 34-year peak on Monday as the U.S. S&P 500’s record-high close on Friday buoyed investor senti[...]
Read more
Voice AI Startup Elevenlabs Gains Unicorn Status After Latest Fundraising
By Krystal Hu (Reuters) – Artificial intelligence (AI) startup ElevenLabs has gained unicorn status after its latest round of fundraising, a person familiar with the matter said, as surging inve[...]
Read more
SEC Probes B. Riley Deals with Client Tied to Failed Edge Fund
(Reuters) -U.S. authorities are investigating B. Riley Financial’s deals with a client who was linked to a securities fraud, and the use of his assets to help the investment bank obtain a loan f[...]
Read more
Graphic: Fed hopes, AI fever fuel S&P 500’s bull market
By Noel Randewich and Lewis Krauskopf (Reuters) – The bull market is back. Or rather, it’s been with us for a while. The S&P 500’s record high close on Friday confirms the index[...]
Read more