By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on…
Microsoft settles California probe over worker leave for $14 million
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a California agency’s claims that it…
Meta’s Threads hits 175 million users ahead of one-year anniversary
By Yuvraj Malik and Jaspreet Singh (Reuters) – Meta Platforms’ newest social media offering Threads has over 175 million monthly…
Exclusive-KKR to buy Varsity Brands from Bain Capital for $4.75 billion, sources say
By Abigail Summerville (Reuters) – Private equity firm KKR & Co agreed to acquire Varsity Brands, a U.S. maker of…
Sri Lanka reaches provisional deal on $12.5 billion bond rework
By Pushkala Aripaka and Uditha Jayasinghe (Reuters) – Sri Lanka has secured a deal to move forward on restructuring about…
Tesla rises ahead of Q2 deliveries report
(Reuters) – Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to…
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
(Reuters) – Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app…
Exclusive-Nvidia set to face French antitrust charges, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Nvidia is set to be charged by the French antitrust regulator for allegedly anti-competitive…
BlackRock launches stock ETF with 100% downside hedge
(Reuters) – BlackRock has launched a ‘buffer’ exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors…
Saudi Arabia’s net foreign direct investment rises 5.6% in first quarter
DUBAI (Reuters) – Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion)…