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Trump hit with $354.9 million penalty, 3-year ban in NY civil fraud case
Domestic

Trump hit with $354.9 million penalty, 3-year ban in NY civil fraud case

(This Feb. 16 story has been refiled to fix a typo in ‘blank-check’ in paragraph 22) By Jack Queen and…

February 17, 2024February 17, 2024
Wall Street slides as hot producer price data crimps rate cut bets
Business

Wall Street slides as hot producer price data crimps rate cut bets

By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest…

February 17, 2024February 17, 2024
Yields, dollar rise after stronger-than-expected US PPI data
Business

Yields, dollar rise after stronger-than-expected US PPI data

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday…

February 16, 2024February 16, 2024
JPMorgan to pay about $350 million penalty over trade reporting gaps
Business

JPMorgan to pay about $350 million penalty over trade reporting gaps

(Reuters) -JPMorgan Chase and Co will pay civil penalties of about $350 million to regulators for reporting incomplete trading data…

February 16, 2024February 17, 2024
OpenAI valued at $80 billion after deal, NYT reports
Business

OpenAI valued at $80 billion after deal, NYT reports

(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New…

February 16, 2024February 17, 2024
High-flying Nvidia’s earnings could test US stock market’s AI dreams
Business

High-flying Nvidia’s earnings could test US stock market’s AI dreams

By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) – Next week’s earnings report from chipmaker Nvidia could prove…

February 16, 2024February 17, 2024
Economy

RedBird IMI strikes $1.45 billion deal for UK’s All3Media

(Reuters) -Jeff Zucker-led investment group RedBird IMI has struck a 1.15 billion pound ($1.45 billion) deal to buy Britain’s All3Media,…

February 16, 2024February 16, 2024
Nvidia’s scorching shares drew hedge funds in Q4, filings show
Business

Nvidia’s scorching shares drew hedge funds in Q4, filings show

(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in paragraph 2) By…

February 16, 2024February 16, 2024
Amazon joins companies arguing US labor board is unconstitutional
Business

Amazon joins companies arguing US labor board is unconstitutional

By Daniel Wiessner (Reuters) – Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in claiming that a…

February 16, 2024February 16, 2024
OpenAI, Meta and other tech giants sign effort to fight AI election interference
Business

OpenAI, Meta and other tech giants sign effort to fight AI election interference

By Sheila Dang and Katie Paul (Reuters) – A group of 20 tech companies announced on Friday they have agreed…

February 16, 2024February 16, 2024

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