T-Mobile announces $14 billion share buyback program
(Reuters) -U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares by 2025 end as part of its previously stated plan…
Blinken makes unannounced Iraq visit as part of Syria diplomacy push
By Simon Lewis BAGHDAD (Reuters) -U.S. Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday and met with Prime Minister Mohammed Shia al-Sudani to discuss Syria’s…
Rate cuts come thick and fast in Europe and Canada as Trump tariffs loom
By Naomi Rovnick LONDON (Reuters) – Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps. Australia,…
Unsupported price hikes added $815 million to US drug spending in 2023
By Sriparna Roy (Reuters) – Price increases for five of the 10 drugs that contributed the most to a rise in U.S. medical spending in 2023 were not supported by…
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
(Reuters) – Tesla CEO Elon Musk’s net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted by a nearly 71% surge in the automaker’s shares this…
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’, to a group led by Soros Fund Management affiliate for…
Google puts AI agents at the center of Gemini update
By Kenrick Cai SAN FRANCISCO – Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model Gemini and teased a slate of new ways to use AI…
Tesla shares jump to record high
By Chuck Mikolajczak NEW YORK (Reuters) – Tesla shares climbed to a record high of $415 on Wednesday, topping its prior high of $414.50 set more than three years ago…
Nasdaq hits 20,000 for first time as AI rally rages on
(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump’s presidency…
MicroStrategy’s bitcoin-powered surge takes it closer to Nasdaq 100 doorstep
By Medha Singh (Reuters) – A meteoric rise in MicroStrategy’s shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle…