US IPOs set to extend recovery after staging a solid comeback
By Niket Nishant and Manya Saini (Reuters) -The U.S. IPO market has bounced back strongly in 2024 after a nearly…
Alphabet to invest $3.3 billion for two data centers in South Carolina
(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…
Citi joins hands with Apollo for $25 billion private credit program
By Niket Nishant (Reuters) – Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending…
FTC announces crackdown on deceptive AI claims, schemes
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said…
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Meta shows off prototype augmented-reality glasses at Connect event
By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-reality glasses,…
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Shares of Trump’s media company rebound from all-time low
Shares of former U.S. President Donald Trump’s media company sprang back over 6% on Wednesday, rebounding from all-time lows after…
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Oil falls on easing Libya supply concerns, lingering China demand worries
By Nicole Jao NEW YORK (Reuters) – Oil prices slumped over 2% on Wednesday as worries over supply disruptions in…
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Factbox-Tariffs, tax cuts core to Trump’s economic pitch to voters
By Helen Coster NEW YORK (Reuters) – Republican presidential candidate Donald Trump has made tariffs and tax cuts the key…
Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
MEXICO CITY (Reuters) -Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure…
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Biden readies $375 million arms aid package for Ukraine
By Mike Stone WASHINGTON (Reuters) – The United States is preparing a $375 million military aid package for Ukraine, breaking…