VW’s top shareholder Porsche SE to write down up to 20 billion euros on investment
BERLIN (Reuters) -Top Volkswagen shareholder Porsche SE <PSHG_p.DE> expects to write down 7 billion to 20 billion euros ($20.98 billion)…
T-Mobile announces $14 billion share buyback program
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares…
Blinken makes unannounced Iraq visit as part of Syria diplomacy push
By Simon Lewis BAGHDAD (Reuters) -U.S. Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday and…
Rate cuts come thick and fast in Europe and Canada as Trump tariffs loom
By Naomi Rovnick LONDON (Reuters) – Central banks in the euro area and Switzerland cut rates on Thursday, a day…
Unsupported price hikes added $815 million to US drug spending in 2023
By Sriparna Roy (Reuters) – Price increases for five of the 10 drugs that contributed the most to a rise…
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
(Reuters) – Tesla CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted…
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’,…
Google puts AI agents at the center of Gemini update
By Kenrick Cai SAN FRANCISCO – Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model Gemini…
Nasdaq hits 20,000 for first time as AI rally rages on
(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of…
MicroStrategy’s bitcoin-powered surge takes it closer to Nasdaq 100 doorstep
By Medha Singh (Reuters) – A meteoric rise in MicroStrategy’s shares has made the bitcoin hoarder a likely candidate for…