Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
(Reuters) -Morgan Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three…
FTX sues Binance and its former CEO for $1.8 billion
LONDON (Reuters) – Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion…
Exclusive-Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
By Greg Bensinger (Reuters) – Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and…
Explainer-Why nuclear weapons will be on Trump’s agenda
By Jonathan Landay WASHINGTON (Reuters) – When he takes office in January, President-elect Donald Trump will inherit a raft of…
Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle model…
Exclusive-Biden administration buys last oil for emergency reserve as fund taps out
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Friday it has bought its last batch of oil…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a…
Trump Media shares slump as US election euphoria fades
(Reuters) – Shares of Trump Media & Technology Group slumped to a two-week low on Thursday, as speculative bets on…
Vanguard to pay $40 million to mutual fund investors stuck with big tax bills
By Jonathan Stempel (Reuters) – Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million…
US Cellular to sell some spectrum licenses to AT&T for $1 billion
(Reuters) – United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to…