By Echo Wang (Reuters) – Wall Street’s main indexes rose on Thursday, with the S&P 500 scoring a record high,…
OpenAI chair says board has discussed equity compensation for CEO Sam Altman
(Reuters) -OpenAI’s chairman Bret Taylor on Thursday said the board has discussed whether to compensate CEO Sam Altman with equity…
Citi joins hands with Apollo for $25 billion private credit program
By Niket Nishant (Reuters) – Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending…
Ford, GM shares fall after Morgan Stanley analyst downgrade
NEW YORK (Reuters) – Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts…
US holiday spending on buy now, pay later to hit record due to debt-laden shoppers
By Arriana McLymore NEW YORK (Reuters) – U.S. shoppers are expected to spend a record $18.5 billion using third-party buy…
FTC announces crackdown on deceptive AI claims, schemes
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said…
Oil falls on easing Libya supply concerns, lingering China demand worries
By Nicole Jao NEW YORK (Reuters) – Oil prices slumped over 2% on Wednesday as worries over supply disruptions in…
Meta will not immediately join EU’s AI Pact ahead of new law
(Reuters) – Meta Platforms will not immediately join the European Union’s AI Pact, a company spokesperson said on Tuesday. The…
Exclusive-Iran brokering talks to send advanced Russian missiles to Yemen’s Houthis, sources say
By John Irish, Parisa Hafezi and Jonathan Landay UNITED NATIONS (Reuters) – Iran has brokered ongoing secret talks between Russia…
OPEC rolls out global oil outlook to 2050, sees no peak demand
By Alex Lawler LONDON (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in…