MILAN (Reuters) – Billionaire Elon Musk is looking to carve out a role in Italy’s telecommunications system by expanding his…
Month: January 2025
Emirati billionaire to invest $20 billion in US data centers, Trump says
PALM BEACH, Florida (Reuters) – Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center…
Berkshire shareholder seeks committee to oversee AI at Buffett’s company
By Jonathan Stempel (Reuters) – A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with…
AI startups drive VC funding resurgence, capturing record US investment in 2024
By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from…
Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says
SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…
Trump wants to extend US debt ceiling, says he doesn’t want to see a default
PALM BEACH, Florida (Reuters) -President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation’s…
U.S. Steel, Nippon sue Biden administration over decision to block merger
By Alexandra Alper, Aatreyee Dasgupta WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel’s $14.9 billion bid for U.S.…
American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
By Shivansh Tiwary (Reuters) -American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging…
US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a…