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US Steel CEO confident Nippon Steel deal will close ‘on its merits’

Financial Wealth DailySeptember 17, 2024January 28, 20250

By Ben Klayman DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel’s $14.9 billion…

  • Business

Chevron CEO hits Biden’s natural gas policies, says fuel is crucial for AI

Financial Wealth DailySeptember 17, 2024January 28, 20250

By Sabrina Valle HOUSTON (Reuters) -Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden’s administration for what he…

  • Business

Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

Financial Wealth DailySeptember 16, 2024January 28, 20250

By Milana Vinn and Mike Spector NEW YORK (Reuters) – Buyout firms Vista Equity Partners and Blackstone are in advanced…

  • Business

Chipotle adds automation, ‘autocado’ robot helps make guacamole

Financial Wealth DailySeptember 16, 2024January 28, 20250

(Reuters) – Chipotle moved an automated bowl-and-salad maker and an avocado-processing robot out of its test kitchen and into a…

  • Business

Apple shares slip as shorter iPhone 16 shipping times signal soft demand

Financial Wealth DailySeptember 16, 2024January 28, 20250

(Reuters) – Shares of Apple fell nearly 3% on Monday after several analysts said that delivery times for the new…

  • Business

Strike could cost Boeing $100 million-plus in daily revenue, analysts say

Financial Wealth DailySeptember 16, 2024January 28, 20250

By Shivansh Tiwary (Reuters) – Boeing could lose over $100 million in daily revenue until it reaches a settlement with…

  • Business

Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Financial Wealth DailySeptember 15, 2024January 28, 20250

By Aditya Kalra NEW DELHI (Reuters) – Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to…

  • Business

Walgreens paying $106.8 million to settle US charges over prescription billing fraud

Financial Wealth DailySeptember 13, 2024January 28, 20250

By Jonathan Stempel (Reuters) – Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the…

  • Business

Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast

Financial Wealth DailySeptember 13, 2024January 28, 20250

By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…

  • Business

Nvidia’s stock market dominance fuels big swings in the S&P 500

Financial Wealth DailySeptember 13, 2024January 28, 20250

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Nvidia’s huge stock rally is still exerting an outsized influence over the…

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