(Reuters) – Yahoo said on Tuesday it had acquired Instagram co-founders’ AI-driven news platform, Artifact, and will incorporate its technology across the U.S. web services provider’[...]
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April 2, 2024
Sam Bankman-Fried prosecutor says coder’s cooperation sped up case
By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors were able to charge FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange’s collapse in part because they secured the c[...]
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Silver Lake to take Endeavor private in deal valuing entertainment firm at $13 billion
(Reuters) – Private equity firm Silver Lake, the biggest investor in Endeavor Group Holdings, on Tuesday said it had agreed to a deal to take the talent and entertainment agency private for $13[...]
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Fed’s Mester says it’s possible data may support June rate cut
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday she continues to expect the central bank will be able to cut rates this year and note[...]
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Justice Department to meet with Boeing crash families April 24, relatives say
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department plans to meet with the families of the of the victims of two Boeing 737 MAX crashes that killed 346 people as the governmen[...]
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Rivian deliveries beat expectations; Tesla dampens industry hopes
By Zaheer Kachwala (Reuters) -Rivian Automotive beat estimates for quarterly deliveries, fueled by strong demand for its electric pickup trucks and SUVs, although its shares fell 5% as Tesla’s w[...]
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Honeywell considering selling its COVID protective gear unit, Bloomberg News says
(Reuters) – Honeywell International is considering selling its personal protective equipment (PPE) division in a deal that could value the unit at more than $2 billion, Bloomberg News reported o[...]
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US job openings rise slightly; labor market steadily easing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings edged up in February, though labor market conditions are gradually easing in support of expectations that the Federal Reserve will star[...]
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Citadel flagship fund rose 5.75% in Q1 -source
By Carolina Mandl NEW YORK (Reuters) – Ken Griffin’s hedge fund Citadel capped the first quarter with a positive performance in all its funds strategies, with the flagship Wellington fund[...]
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