By David Randall NEW YORK (Reuters) -Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created anot[...]
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The case for a “soft” Fed landing may finally be taking hold
By Howard Schneider WASHINGTON (Reuters) – Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may[...]
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SpaceX mulling secondary share sale at $150 billion valuation -sources
By Krystal Hu and Eva Mathews (Reuters) -Elon Musk’s rocket and satellite company SpaceX is in talks about an offering of mostly secondary shares that could value the company at up to $150 billion, re[...]
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Musk’s all-nighters at Twitter raise concern for Tesla investors
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – In 2018, Elon Musk was working through the night and sleeping at Tesla Inc’s factories in California and Nevada as the company str[...]
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India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands
By Aditya Kalra NEW DELHI (Reuters) – India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to[...]
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FTX creditors may number over 1 million as regulators seek answers
By Akriti Sharma and Daniel Leussink (Reuters) – Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more t[...]
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Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, offici[...]
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Intel hit with $949 million U.S. verdict in VLSI computer chip patent trial
By Blake Brittain (Reuters) -A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding comp[...]
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Musk to relaunch Twitter’s blue check subscription on Nov 29
(Reuters) -Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline to b[...]
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