By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc said on Thursday it became the first manager of alternative investments such as private equity and real estate to reach $1 trillion in assets[...]
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Dollar gains as drop in US jobless claims boosts rate-hike bets
By Karen Brettell NEW YORK (Reuters) – The dollar gained against a basket of currencies on Thursday after data showed that the number of Americans filing new claims for unemployment benefits une[...]
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Sequoia Capital partner Michael Moritz to exit firm after 38 years
By Krystal Hu (Reuters) -Michael Moritz, the storied venture capitalist who sits on the boards of Stripe and Instacart, is leaving Sequoia Capital after 38 years, according to a letter sent to limited[...]
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FTC to pause Microsoft-Activision merger trial – Bloomberg News
(Reuters) – The US Federal Trade Commission is poised to pause its in-house trial against Microsoft Corp’s $69 billion acquisition of Activision Blizzard opening the door to potential sett[...]
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United CEO confirms airline faces problem finding pilots to take captain’s chair
By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines CEO Scott Kirby has acknowledged that the carrier’s pilots are shunning promotion to the captain’s chair, hurting its flight[...]
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Gold miner Newmont misses profit estimates on mining disruptions, higher costs
By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s largest gold miner down on Thursday. Since early Ju[...]
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Investor group nears $125 million deal for CoinDesk – WSJ
(Reuters) – A group led by blockchain investors Matthew Roszak and Peter Vessenes are nearing a $125 million deal for cryptocurrency-focused media firm CoinDesk, the Wall Street Journal reported[...]
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Abbott’s strong medical device sales drive upbeat quarter as surgeries rebound
By Khushi Mandowara and Pratik Jain (Reuters) -Abbott Laboratories on Thursday beat quarterly profit expectations as a rebound in surgical procedure volumes drove demand for medical devices despite hi[...]
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Virgin Money UK shuts 39 stores over fall in customer demand
(Reuters) – British lender Virgin Money UK said on Thursday it will close 39 stores as the company continues to see a drop in footfall and transaction volumes. “Access to a bank and cash i[...]
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