(Reuters) -Apollo Global Management’s affiliates will provide $11 billion to Intel to buy 49% equity interest in a joint venture…
Skydance awaits word on its enhanced bid for Paramount
By Dawn Chmielewski (Reuters) – Skydance Media on Monday was awaiting a response to its enhanced bid for entertainment conglomerate…
Warren Buffett’s PacifiCorp utility reaches $178 million wildfire settlement
By Jonathan Stempel (Reuters) – PacifiCorp, a utility owned by billionaire Warren Buffett’s Berkshire Hathaway, said on Monday it agreed…
GameStop climbs as ‘Roaring Kitty’ reveals $116 million bet in Reddit post
By Medha Singh (Reuters) -GameStop shares jumped 21% on Monday after “Roaring Kitty” Keith Gill, the stocks influencer behind the…
Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports
(Reuters) -Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, citing people familiar…
OPEC+ seen prolonging oil cuts in 2024 and into 2025, two sources say
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ will likely agree on Sunday to prolong its…
Investors flock to Aramco share sale that could raise $13 billion
By Yousef Saba, Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) -Saudi Arabia’s sale of shares in oil giant…
Trend Micro taps Nvidia software tools for AI cybersecurity offering
By Stephen Nellis (Reuters) – Trend Micro on Sunday said it is working with Nvidia to create new cybersecurity tools…
Price cuts, weaker spending could bolster Fed’s faith in inflation outlook
By Howard Schneider WASHINGTON (Reuters) -Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending…
Biden unveils new Gaza truce proposal, Hamas responds positively
By Steve Holland and James Mackenzie WASHINGTON/JERUSALEM (Reuters) – U.S. President Joe Biden on Friday laid out what he described…