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Category: Business

TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
Business

TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say

December 3, 2024

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
Business

Meta seeks nuclear power developers for reactors to start in early 2030s

December 3, 2024

WASHINGTON (Reuters) – Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial…

Amazon’s cloud service shows new AI servers, says Apple will use its chips
Business

Amazon’s cloud service shows new AI servers, says Apple will use its chips

December 3, 2024

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
Business

Amazon to pilot AI-designed material for carbon removal

December 2, 2024

By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…

JPMorgan’s investment banking chair departs, memo says
Business

JPMorgan’s investment banking chair departs, memo says

December 2, 2024

(Reuters) – Wall Street giant JPMorgan Chase’s global chair of investment banking Jennifer Nason is set to leave the bank…

Bitcoin options trade shows more bets on retreat after failing to breach $100,000
Business

Bitcoin options trade shows more bets on retreat after failing to breach $100,000

November 26, 2024

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after…

Soaring legal fees in snarled Citgo auction rankle companies
Business

Soaring legal fees in snarled Citgo auction rankle companies

November 25, 2024

By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Court advisers have billed nearly $30 million for a stalled auction…

Starbucks faces disruptions following ransomware attack on software supplier
Business

Starbucks faces disruptions following ransomware attack on software supplier

November 25, 2024

(Reuters) – Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to…

Musk’s Neuralink to launch feasibility trial with brain implant, robotic arm
Business

Musk’s Neuralink to launch feasibility trial with brain implant, robotic arm

November 25, 2024

(Reuters) -Elon Musk’s brain technology startup Neuralink said on Monday it has received approval to launch a new feasibility study…

Zoom raises annual revenue and profit forecasts, expands share repurchase
Business

Zoom raises annual revenue and profit forecasts, expands share repurchase

November 25, 2024

(Reuters) -Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for…

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