News
US companies’ hiring surpasses all forecasts, but wage growth slows
Employment growth at US companies last month exceeded all projections, highlighting a durable labor market that continues to buttress the...
Twitter now worth one-third of Elon Musk’s purchase price
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked...
Glencore to make bigger offer for Canada’s Teck Resources
Glencore Plc is getting closer to increasing its offer for Teck Resources Ltd., in a move aimed at ending weeks...
Former Coinbase manager, brother settle SEC insider-trading charges
A former product manager for Coinbase Global Inc and his brother agreed to settle U.S. Securities and Exchange Commission (SEC)...
Nvidia becomes first chipmaker valued at $1 trillion
Nvidia Corp. became the world’s first chipmaker with a $1 trillion market capitalization, joining the ranks of just five American...
Biden, McCarthy reach US debt-ceiling deal
With days to spare before a potential first-ever government default, US President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on...
US debt-ceiling deadline extended to June 5
US Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later...
Office REITs hit lowest level since 2009 amid remote work, tighter budgets
Office real estate investments trusts (REITs) are trading at their lowest level since 2009 as the trend toward remote work...
OpenAI raises $175m startup investment fund
Artificial intelligence startup OpenAI has closed an investment fund, according to a Securities and Exchange Commission filing. The fund has...
Blackstone in talks to buy US regional banks’ assets
Blackstone Inc. Chief Executive Officer Steve Schwarzman said the investment giant is in talks with several US regional banks to...
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