(Reuters) -Illumina said on Thursday it will take a goodwill impairment charge of $1.47 billion in the second quarter related to recently spun-off cancer diagnostic test maker Grail. Gene-sequencing e[...]
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June 27, 2024
Stocks inch up, bond yields dip; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged higher on Thursday, while U.S. Treasury yields declined slightly after a series of U.S. economic reports suggested ebbing moment[...]
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Arkansas-based Evolve Bank confirms cyber attack and data breach
(Reuters) – Evolve Bank and Trust confirmed on Wednesday it was the victim of a cybersecurity incident that involved customers’ data being illegally released on the dark web. A spokesperso[...]
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Explainer-The ‘BlackSuit’ hacker behind the CDK Global attack hitting US car dealers
SAN FRANCISCO (Reuters) – A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminal[...]
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Saudi developer Dar Global eyes $300 million investment in US expansion
By Koh Gui Qing NEW YORK (Reuters) – Saudi property developer Dar Global plans to invest $300 million in New York, Miami and Los Angeles in the coming months as it seeks partners to develop luxu[...]
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Nokia to acquire Infinera in $2.3 billion deal to scale up optical network
(Reuters) -Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business, especi[...]
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S&P Global announces insider Martina Cheung as CEO
(Reuters) -Financial information company S&P Global announced on Thursday that it has appointed insider Martina Cheung as CEO effective on Nov. 1. Cheung, who has held multiple leadership roles at[...]
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Cloaked Audis, covert CEO meeting: how VW’s $5 billion Rivian bet transpired
By Abhirup Roy, Victoria Waldersee SAN FRANCISCO/BERLIN (Reuters) -A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric-vehicle maker Rivian in California, w[...]
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Ten big banks settle US interest rate swaps rigging litigation
By Jonathan Stempel NEW YORK (Reuters) – Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them[...]
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