Category Archives:
Trump urges House Republicans to back McCarthy for speaker
WASHINGTON (Reuters) - Former Republican President Donald Trump threw his weight behind Representative Kevin McCarthy on Wednesday, telling U.S. House Republicans that they should back the California ...
Jan 04, 2023
Qualcomm launches auto chip to handle both assisted driving and entertainment
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Mobile chip maker Qualcomm Technologies, Inc on Wednesday unveiled a processor chip for the car called Snapdragon Ride Flex SoC that handles both assiste...
Jan 04, 2023
Factbox-Corporate America lays off thousands as recession worries mount
(Adds Salesforce) (Reuters) - U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by shrinking their employee base to streamline operations. Job cuts anno...
Jan 04, 2023
Moderna snaps up Japan’s OriCiro Genomics in mRNA manufacturing push
(Reuters) - Moderna Inc on Wednesday agreed to buy Japan-based OriCiro Genomics for $85 million to boost the U.S. drugmaker's mRNA manufacturing capabilities. OriCiro's technologies will support Moder...
Jan 04, 2023
Impactive Capital nominates four directors to Envestnet’s board
By Anirban Sen NEW YORK (Reuters) - Impactive Capital has nominated four directors to the board of Envestnet Inc, a U.S. vendor of software that helps manage investments, in a push to improve its fina...
Jan 04, 2023
Microsoft to invest in autonomous trucking startup Gatik -sources
By Krystal Hu and Joseph White (Reuters) - Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two...
Jan 04, 2023
BlackRock defers withdrawals for UK property fund
By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) - U.S. funds giant BlackRock will defer third-quarter redemptions from its 3.5 billion pounds ($4.23 billion) BlackRock UK Property Fund, a sour...
Jan 04, 2023
Futures edge higher ahead of Fed meeting minutes
(Reuters) - U.S. stock index futures edged higher on Wednesday as hopes of an economic recovery in China lifted sentiment, while focus was also on minutes from the Federal Reserve's December policy me...
Jan 04, 2023
Salesforce to cut staff by 10%, close some offices
(Reuters) - Salesforce Inc said on Wednesday it would slash about 10% of its workforce and close some offices as a part of its restructuring plan. The company expects to incur about $1.4 billion to $2...
Jan 04, 2023
Walmart gets $1 billion tax bill for shifting PhonePe HQ to India – Bloomberg News
BENGALURU (Reuters) - Walmart and other shareholders of digital payments app PhonePe will have to pay tax worth around $1 billion after the fintech firm shifted its headquarters to India from Singapor...
Jan 04, 2023
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