Insight Partners closes in on new $10 billion fund, FT reports
(Reuters) – Private equity firm Insight Partners is on the brink of closing a new $10 billion-plus fund, roughly half…
September 2024
Boeing strike could drag on as workers push for higher wages, union leader says
SEATTLE (Reuters) – A strike at Boeing “could go on for a while” as workers are confident they can get…
Walgreens paying $106.8 million to settle US charges over prescription billing fraud
By Jonathan Stempel (Reuters) – Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the…
Analysis-Putin’s options for Ukraine missiles response includes nuclear test, experts say
By Andrew Osborn and Mark Trevelyan LONDON (Reuters) – Vladimir Putin’s options to retaliate if the West lets Ukraine use…
Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…
Nvidia’s stock market dominance fuels big swings in the S&P 500
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Nvidia’s huge stock rally is still exerting an outsized influence over the…
US household wealth rises in Q2 to record $163.8 trln
(Reuters) -U.S. household wealth rose last quarter to $163.8 trillion, a fresh record, driven by gains in real estate values…
Moderna expects up to $3.5 billion in 2025 sales
By Patrick Wingrove (Reuters) – Moderna on Thursday said it expects sales of between $2.5 billion and $3.5 billion next…
OpenAI launches new series of AI models with ‘reasoning’ abilities
(Reuters) -Microsoft-backed OpenAI said on Thursday it was launching a series of AI models designed to spend more time processing…
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
By Jonathan Stempel (Reuters) – Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway, sold more than…