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BlackRock Investment Institute goes further ‘overweight’ on U.S. equities
(Reuters) – The BlackRock Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities as…
Year: 2024
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Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as…
TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
By Abigail Summerville NEW YORK (Reuters) – Buyout firm TPG is weighing a potential sale of Crunch Fitness that could…
Meta seeks nuclear power developers for reactors to start in early 2030s
WASHINGTON (Reuters) – Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial…
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Celsius founder Alex Mashinsky agrees to plead guilty to two fraud counts
By Luc Cohen NEW YORK (Reuters) -Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on…
Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…
Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…
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Apple accused of silencing workers, spying on personal devices
By Daniel Wiessner (Reuters) – Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices…
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Big hedge funds score November gains with Trump election
By Carolina Mandl NEW YORK (Reuters) -Several multibillion-dollar hedge funds gained in November, numbers seen by Reuters show, riding the…
JPMorgan’s investment banking chair departs, memo says
(Reuters) – Wall Street giant JPMorgan Chase’s global chair of investment banking Jennifer Nason is set to leave the bank…