By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday,…
Category: Business
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Repeat offenders made up 40% of US corporate defaults in 2023, Moody’s says
By Matt Tracy (Reuters) – Around 40% of U.S. companies that defaulted on their debt…
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Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake
DUBAI (Reuters) -Microsoft is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42,…
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Lockheed wins US missile defense contract worth $17 billion
By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the…
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Fed’s reverse repo facility plummets to lowest level in nearly three years
By Michael S. Derby NEW YORK (Reuters) -A key Federal Reserve facility that takes in…
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Apple denies violating US court order in Epic Games lawsuit
By Mike Scarcella (Reuters) – IPhone maker Apple on Friday denied violating a court order…
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US agencies to probe unfair practices in airline loyalty programs in hearing
WASHINGTON (Reuters) – As part of an effort to protect consumers from deceptive and unfair…
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Coinbase asks to appeal part of case against US SEC
WASHINGTON (Reuters) – Coinbase asked two courts for permission on Friday to appeal part of…
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China EV maker Nio urges openness in US speech amid tensions
(Repeats with no changes to text) SHANGHAI (Reuters) -Chinese electric vehicle (EV) maker Nio’s founder…
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Bitcoin down by 7.9% to $61,842
(Reuters) -Bitcoin fell 7.9% to $61,842 at 21:00 GMT on Saturday, losing $5,308 from its…