By Georgina McCartney HOUSTON (Reuters) – Oil prices edged higher on Friday, but were set for a weekly drop as…
Morgan Stanley’s private equity arm explores sale of HVAC firm Sila, sources say
By Abigail Summerville NEW YORK (Reuters) – Morgan Stanley’s middle-market buyout arm is exploring a sale of Sila Services that…
Alphabet to invest $3.3 billion for two data centers in South Carolina
(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…
Wall St rises on upbeat US economic data
By Echo Wang (Reuters) – Wall Street’s main indexes rose on Thursday, with the S&P 500 scoring a record high,…
OpenAI chair says board has discussed equity compensation for CEO Sam Altman
(Reuters) -OpenAI’s chairman Bret Taylor on Thursday said the board has discussed whether to compensate CEO Sam Altman with equity…
Citi joins hands with Apollo for $25 billion private credit program
By Niket Nishant (Reuters) – Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending…
Ford, GM shares fall after Morgan Stanley analyst downgrade
NEW YORK (Reuters) – Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts…
US holiday spending on buy now, pay later to hit record due to debt-laden shoppers
By Arriana McLymore NEW YORK (Reuters) – U.S. shoppers are expected to spend a record $18.5 billion using third-party buy…
FTC announces crackdown on deceptive AI claims, schemes
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said…
Oil falls on easing Libya supply concerns, lingering China demand worries
By Nicole Jao NEW YORK (Reuters) – Oil prices slumped over 2% on Wednesday as worries over supply disruptions in…