CrowdStrike, KKR, GoDaddy to join benchmark S&P 500
(Reuters) – The S&P Dow Jones Indices said on Friday that private equity firm KKR & Co, cybersecurity company CrowdStrike and internet services provider GoDaddy will join the benchmark S&P…
Wall Street stocks close slightly lower; jobs data strong but rates still high
By Chibuike Oguh NEW YORK (Reuters) -Wall Street stocks ended slightly lower on Friday in choppy trading after stronger-than-expected U.S. jobs data pointed to a robust economy but prompted worries…
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing. Buffett’s company bought additional…
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to gain better understanding of its proposed acquisition of the U.S.…
Walgreens shelves plans for Boots IPO, Bloomberg News reports
(Reuters) – Walgreens Boots Alliance has shelved plans for a potential initial public offering of its UK-based Boots drugstore chain as sale talks continue, Bloomberg News reported on Friday citing…
Former Allianz employee pleads guilty to fraud over $7 billion funds meltdown
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked…
Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested…
U.S. trade panel votes to proceed with solar panel tariff probe
(Reuters) – The U.S. International Trade Commission (ITC) voted on Friday to proceed with an investigation into whether solar panels from Southeast Asia are stifling domestic manufacturing, a step that…
Meta’s WhatsApp launches new AI tools for businesses
By Dani Morera and Andre Romani SAO PAULO (Reuters) -Meta launched its first AI-driven ad targeting program for businesses on WhatsApp, according to a press release Thursday, as it tries…
World stocks at record high after cautious ECB rate cut
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates…