By Joseph White DETROIT (Reuters) -General Motors shares jumped Tuesday after the company gave investors an upbeat outlook for 2024 and signaled more capital will be returned to shareholders. “C[...]
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Articles
Gambling Group Flutter Bets on U.S. Primary Listing
(Reuters) -Dublin-based online betting company Flutter said on Monday it will propose moving the primary listing of its shares from London to New York at the annual general meeting in May. Subject to[...]
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Macy’s Rejects Arkhouse’s $5.8 Billion Bid, Citing Financing Concerns
(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[...]
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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[...]
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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[...]
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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[...]
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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[...]
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USDA Confirms First Big U.S. Soy Sale to China Since Mid-December
CHICAGO (Reuters) – The U.S. Department of Agriculture (USDA) on Friday confirmed private sales of 297,000 metric tons of U.S. soybeans to China, the first soybean sales announcement under its d[...]
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US weekly jobless claims at 16-month low; homebuilding takes breather
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly 1-1/2 years, suggesting job growth likel[...]
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U.S. lists Houthis as terrorists, rebels hit another US-operated ship
By Jonathan Saul, Simon Lewis and Megan Davies LONDON/WASHINGTON/DAVOS, Switzerland (Reuters) -The U.S. on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups, as the milita[...]
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