(Reuters) -Billionaire Barry Diller’s digital-media conglomerate IAC is exploring a bid to take control of Paramount Global, the New York Times reported on Monday, citing four people with knowle[...]
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July 1, 2024
US construction spending unexpectedly falls in May
WASHINGTON (Reuters) – U.S. construction spending unexpectedly fell in May as higher mortgage rates depressed single-family homebuilding, and recovery is likely to be muted by improving housing[...]
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UK shop price inflation weakest since October 2021, retailers say
LONDON (Reuters) – Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Ministe[...]
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FAA slowing flights at Newark airport over traffic control staffing
(Reuters) – Flights into and out of Newark airport, that serves many New Yorkers, will be slowed due to traffic controller staffing issues at a control center, the Federal Aviation Administratio[...]
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Drugmakers’ appeal to end Zantac cancer lawsuits rebuffed by judge
By Brendan Pierson (Reuters) – A Delaware judge rebuffed a request by GSK and other drugmakers to appeal a ruling allowing more than 70,000 lawsuits claiming that the heartburn drug Zantac cause[...]
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Northern Data considers AI unit US IPO at up to $16 billion, Bloomberg News reports
(Reuters) -Germany-based Northern Data AG is exploring a U.S. initial public offering for its artificial intelligence (AI) cloud computing and data center units at a valuation of as much as $16 billio[...]
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Apple, Tesla lifts stocks to higher close in light pre-holiday trading
By Saeed Azhar, Ankika Biswas and Lisa Pauline Mattackal NEW YORK (Reuters) -Megacap growth stocks led by Apple and Tesla lifted the tech-heavy Nasdaq to a higher close on Monday, while the Dow and th[...]
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Trump Media joins Russell Indexes after annual refresh
(Reuters) – Trump Media & Technology Group, which owns social media platform Truth Social, said on Monday it has been added to the Russell Indexes as part of their annual reconstitution. The[...]
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Affirm card users’ personal information possibly compromised in Evolve Bank cyber attack
(Reuters) – U.S. financial technology firm Affirm Holdings said on Monday that it believes that the personal information of Affirm card users was compromised as part of Arkansas-based Evolve Ban[...]
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