(Reuters) – Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on…
Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following…
Amazon offers free computing power to AI researchers, aiming to challenge Nvidia
By Stephen Nellis (Reuters) – Amazon.com’s cloud computing unit on Tuesday said it will offer free computing power to researchers…
OpenAI co-founder Greg Brockman returns to AI startup, Bloomberg News reports
(Reuters) -OpenAI co-founder Greg Brockman has returned to the artificial intelligence startup three months after taking a leave from his…
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
(Reuters) -Morgan Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three…
FTX sues Binance and its former CEO for $1.8 billion
LONDON (Reuters) – Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion…
Tesla options draw ‘euphoric’ trading as Trump win fires up stock
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on Tesla shares, with the…
As Donald Trump staffs up for second term, only MAGA loyalists need apply
By Gram Slattery and Alexandra Ulmer WEST PALM BEACH, Florida (Reuters) – As advisers and allies of Republican President-elect Donald…
Exclusive-Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump’s arrival
By Ernest Scheyder (Reuters) – The U.S. Department of Energy on Thursday finalized a $475 million loan for Li-Cycle Holdings,…
Lucid beats revenue estimates, reaffirms annual production
(Reuters) -Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits…