Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president…
2024
Failed Wall Street trades rate roughly stable under faster settlement
NEW YORK (Reuters) – The rate of U.S. failed trades stood at 1.90% on Wednesday, a big test day for…
Saudi government to raise up to $12 billion from new Aramco share sale
By Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) – Saudi Arabia is selling a stake of roughly 0.64%…
Salesforce plummets as weak forecast sparks concerns of AI competition
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth…
OpenAI responds to warnings of self governance by former board members, the Economist reports
(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety…
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used deceptively on its Facebook and…
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
Delivery of US weapons to Ukraine helping stabilize frontline, Blinken says
By Humeyra Pamuk CHISINAU (Reuters) – The delivery of U.S. weapons to Ukraine is helping stabilize the frontline of the…
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose Tesla CEO Elon Musk’s $56…
Viking gains after wave of bullish Wall Street coverage initiations
By Granth Vanaik (Reuters) – Several Wall Street brokerages, including J.P. Morgan and UBS, have started coverage on Viking Holdings,…