Discover sells student loan portfolio to Carlyle, KKR for up to $10.8 billion
-Discover Financial Services will sell a portfolio of student loans to buyout giants Carlyle and KKR for up to $10.8…
Category: Business
US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says
(Reuters) – Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the…
Intel on track for cumulative software sales of $1 billion by end 2027, exec says
By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software…
Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a…
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion…
Chile will consider 81 lithium projects proposals from private sector
SANTIAGO (Reuters) – Chilean officials on Tuesday said they will consider 81 proposals for lithium projects across the South American…
Crypto hacking thefts double to $1.4 billion in first half of 2024, researchers say
LONDON (Reuters) – The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of…
Walmart must face lawsuit over deceptive pricing in stores
By Jonathan Stempel (Reuters) – Walmart must face a lawsuit claiming it often charges higher prices at the register than…
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News…
Microsoft settles California probe over worker leave for $14 million
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a California agency’s claims that it…