Hess CEO to join Goldman Sachs board as independent director
NEW YORK (Reuters) – John Hess, CEO of Hess Corp , has joined the board of Goldman Sachs as independent…
Category: Business
US imposes sanctions on Russia’s AO Kaspersky Lab executives over cyber risks
WASHINGTON (Reuters) – The United States slapped sanctions on 12 people in senior leadership roles at AO Kaspersky Lab on…
Huge tech ETF set to buy $10 billion in Nvidia shares
By Suzanne McGee and Lisa Pauline Mattackal (Reuters) – One of the world’s largest technology funds is set to ramp…
Dell assembling racks for xAI’s supercomputer, Elon Musk says
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk…
Exclusive-Ferrari’s first electric car to cost over $500,000, source says
By Giulio Piovaccari MILAN (Reuters) – Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar…
Meta must face Australian billionaire Forrest’s US lawsuit over scam Facebook crypto ads
By Jonathan Stempel (Reuters) – A U.S. judge rejected Meta Platforms’ bid to dismiss a lawsuit by billionaire Australian mining…
HPE CEO unveils ‘simple’ AI hardware aimed to help businesses
By Max A. Cherney (Reuters) – Hewlett Packard Enterprise CEO Antonio Neri pitched a new line of hardware, software and…
US Treasury, IRS to close $50 billion tax loophole on partnerships
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax…
Caterpillar’s Russian assets transferred to firm owned by Armenian fund
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund…
GE Aerospace’s Larry Culp declines Boeing’s request to take over as CEO, WSJ reports
(Reuters) – GE Aerospace CEO Larry Culp has declined Boeing’s request to consider taking over as the U.S. planemaker’s top…