By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Friday authorized the payout of $41.53 million to investors who lost money when Elon Musk tweeted about taking his electric car compan[...]
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September 1, 2023
Tesla launches new Model 3 in China with higher price tag
SHANGHAI/SAN FRANCISCO (Reuters) -Tesla shares fell nearly 6% on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a higher price, while slashing prices of its premium v[...]
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US entertainment shares slide as Disney, Charter squabble over cable fees
By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) – Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc were dragged down on Friday by[...]
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RBC’s $10 billion deal for HSBC unit approved by Canada’s Competition Bureau
By Nivedita Balu and Manya Saini (Reuters) -Canada’s Competition Bureau said on Friday that Royal Bank of Canada’s (RBC) C$13.5 billion ($10 billion) offer to buy HSBC’s domestic uni[...]
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Hiring breadth across US industries picked up in August
By Safiyah Riddle (Reuters) – The number of industries that contributed to U.S. jobs growth last month rebounded to the highest level since January, government payrolls data showed on Friday, bo[...]
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‘The boom is over’: Venezuelans lament end of brief dollarization boost
By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought it was time to open a cafe in eastern Caracas serving[...]
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Amgen gets US FTC’s go-ahead for $27.8 billion Horizon deal
By Manas Mishra and David Shepardson (Reuters) – The U.S. Federal Trade Commission (FTC) has allowed Amgen to continue its $27.8 billion acquisition of Horizon Therapeutics, while preventing the[...]
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Robinhood to buy back Bankman-Fried’s stake from US govt for $605.7 million
By Manya Saini and Hannah Lang (Reuters) -Robinhood said on Friday it had entered into a share repurchase agreement with the United States Marshal Service (USMS) for $605.7 million to buy back stock f[...]
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Dell shares hit record high after report, forecasts impress with AI in mix
(Reuters) – Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence (AI) and stabilizing[...]
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