Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Musk’s SpaceX approaches investors for another tender offer – Bloomberg News
(Reuters) - Elon Musk's SpaceX has approached investors about another tender offer that would value the company at above $175 billion, a Bloomberg News reporter said in a post on X. Tender volume coul...
Syndicated Content Dec 06, 2023
Chinese e-commerce platform Temu drawing shoppers from US dollar stores -data
By Arriana McLymore and Granth Vanaik NEW YORK (Reuters) - Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores includi...
Syndicated Content Dec 06, 2023
AbbVie to buy drug developer Cerevel for $8.7 billion
(Reuters) - AbbVie said on Wednesday it would buy Cerevel Therapeutics, a developer of drugs for neurological conditions, for about $8.7 billion in a bid to replace revenue as its huge-selling arthrit...
Syndicated Content Dec 06, 2023
Chevron increases project spending budget 11% for 2024
By Sabrina Valle (Reuters) -Oil major Chevron Corp said on Wednesday that it expects to spend between $18.5 billion and $19.5 billion next year on new oil and gas projects, an 11% increased compared t...
Syndicated Content Dec 06, 2023
Yellen says markets anticipating Fed moves can be ‘helpful complement’ to monetary policy
By David Lawder MEXICO CITY (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that bond markets anticipating the Federal Reserve rate moves can be a "helpful complement" to monetary p...
Syndicated Content Dec 06, 2023
Danish pension fund to sell its Tesla shares over union dispute
COPENHAGEN (Reuters) - PensionDanmark, one of Denmark's largest pension funds, said on Wednesday it had decided to sell its holdings in Tesla over the U.S. auto company's refusal to enter into agreeme...
Syndicated Content Dec 06, 2023
Marketmind: Inflation pressures are cooling, rapidly
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Bond yields, interest rate expectations, oil prices and inflationary pressures around the world are falling, and the conviction ...
Syndicated Content Dec 06, 2023
US judge signs off on Binance, former chief’s plea deals with DOJ -court filings
NEW YORK (Reuters) - U.S. District Judge Richard Jones in Seattle on Wednesday signed off on plea deals agreed by U.S. prosecutors, Binance Holdings and its former chief Changpeng Zhao, according to c...
Syndicated Content Dec 06, 2023
Consulting giant McKinsey cuts new partners class by about 35% – WSJ
(Reuters) - Consulting giant McKinsey has cut its new partner class by about a third, the Wall Street Journal reported on Wednesday. McKinsey recently told employees about 250 people would become part...
Syndicated Content Dec 06, 2023
AMD forecasts $45 billion AI chip market this year
By Max A. Cherney (Reuters) - AMD estimated there was a $45 billion market for data center artificial intelligence processors this year as it launched a new generation of AI chips on Wednesday. Advanc...
Syndicated Content Dec 06, 2023





