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Category: Business

Twilio to seek shareholder approval for new board director terms
Business

Twilio to seek shareholder approval for new board director terms

April 4, 2024April 4, 2024

(Reuters) – Cloud communications company Twilio said on Wednesday it will seek shareholder approval at its upcoming annual meeting to change its board director terms

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EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
Business

EV startup Fisker prepares for possible bankruptcy filing, WSJ reports

March 14, 2024March 14, 2024

(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people

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SpaceX’s third Starship test flight gets FAA green light
Business

SpaceX’s third Starship test flight gets FAA green light

March 14, 2024March 14, 2024

By Joey Roulette WASHINGTON (Reuters) – The FAA on Wednesday granted SpaceX a license to test-launch the company’s Starship rocket system from Texas, according to

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Wall Street ends mostly lower as chipmakers ease; inflation data ahead
Business

Wall Street ends mostly lower as chipmakers ease; inflation data ahead

March 13, 2024March 13, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced

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Yellen says US aims to ensure domestic EV maker success as China boosts exports
Business

Yellen says US aims to ensure domestic EV maker success as China boosts exports

March 13, 2024March 13, 2024

By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of

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Exclusive-Vista Equity seeks to tap banks for Solera IPO, sources say
Business

Exclusive-Vista Equity seeks to tap banks for Solera IPO, sources say

March 13, 2024March 13, 2024

By Echo Wang (Reuters) -Private equity firm Vista Equity Partners is seeking to hire investment banks for a U.S. initial public offering of Solera, a

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JPMorgan hires former Global X chief investment officer as ETF strategist
Business

JPMorgan hires former Global X chief investment officer as ETF strategist

March 13, 2024

By Suzanne McGee (Reuters) – JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer

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India’s Reliance to buy Paramount’s stake in Viacom18
Business

India’s Reliance to buy Paramount’s stake in Viacom18

March 13, 2024

(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86

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US health department opens probe into UnitedHealth hack
Business

US health department opens probe into UnitedHealth hack

March 13, 2024

By Sriparna Roy and Patrick Wingrove (Reuters) -The U.S. government on Wednesday said it has opened an investigation into the cyberattack at UnitedHealth Group’s Change

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Class action lawsuits pile up over UnitedHealth data breach
Business

Class action lawsuits pile up over UnitedHealth data breach

March 13, 2024

By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions

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