Trade Snax

Updated

Macy’s Rejects Arkhouse’s $5.8 Billion Bid, Citing Financing Concerns

BY Reuters  • January 22, 2024January 22, 2024
(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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Newsletter Uncategorized Updated

SEC Probes B. Riley Deals with Client Tied to Failed Edge Fund

BY Reuters  • January 22, 2024January 23, 2024
(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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Newsletter Uncategorized Updated

Graphic: Fed hopes, AI fever fuel S&P 500’s bull market

BY Reuters  • January 22, 2024January 26, 2024
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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Newsletter Updated

US weekly jobless claims at 16-month low; homebuilding takes breather

BY Reuters  • January 18, 2024January 18, 2024
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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Newsletter Updated

U.S. lists Houthis as terrorists, rebels hit another US-operated ship

BY Reuters  • January 18, 2024January 18, 2024
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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Honeywell’s quantum computing firm valued at $5 billion after latest fundraise

BY Reuters  • January 16, 2024January 16, 2024
(Reuters) – Honeywell International said on Tuesday its quantum computing company, Quantinuum, was valued at $5 billion after a $300 million equity funding round, anchored by JPMorgan Chase. Mit[...]
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Trump Tangles With Judge as New York Civil Fraud Trial Wraps Up

BY Reuters  • January 12, 2024January 12, 2024
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Donald Trump on Thursday accused the New York judge in his civil fraud trial of “having your own agenda” – and the judge told his lawy[...]
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Newsletter Uncategorized Updated

U.S. Lawmakers Seek to Regulate AI Vendors to the Government

BY Reuters  • January 10, 2024January 11, 2024
WASHINGTON (Reuters) – A bipartisan group of congressman on Wednesday unveiled legislation that would require federal agencies and their artificial intelligence vendors to adopt best practices f[...]
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Newsletter Updated

Honda unveils plans for new EV lineup

BY Reuters  • January 10, 2024January 10, 2024
(Reuters) -Japanese automaker Honda Motor announced on Tuesday plans to launch a new electric vehicle series from 2026, as it plays catch-up with global rivals in the shift to battery-powered cars. Ja[...]
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Newsletter Uncategorized Updated
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