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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By Nate Raymond (NS:RYMD) and Mike Spector BOSTON (Reuters) – McKinsey & Co has agreed to pay $650 million to resolve fees over recommendation it supplied Purdue Pharma on tips on how to “turbocharge” gross sales of its addictive painkiller…
By David Shepardson and Kanishka Singh WASHINGTON (Reuters) -TikTok should now transfer rapidly with a request to the Supreme Courtroom to dam or overturn a regulation that will require its Chinese language mum or dad ByteDance to divest of the…
(Reuters) -Meta Platforms is urging California’s lawyer common to dam OpenAI’s deliberate conversion to a for-profit firm, the Wall Avenue Journal reported on Friday. In a letter to Legal professional Normal Rob Bonta dated Thursday, Meta (NASDAQ:META) mentioned that permitting…
(Reuters) -MicroStrategy will likely be added to the tech-heavy Nasdaq-100 Index, the change operator mentioned on Friday, following a meteoric surge within the shares of the bitcoin purchaser. The change comes into impact earlier than the market opens on Dec.…
By Mike Scarcella (Reuters) -OpenAI requested a federal choose in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit firm. OpenAI additionally printed a trove of emails and textual…
By Jeffrey Dastin VANCOUVER (Reuters) – Former OpenAI chief scientist Ilya Sutskever, one of many greatest names in synthetic intelligence, had a prediction to make on Friday: reasoning capabilities will make expertise far much less predictable. Accepting a “Check Of…
(Reuters) – Tesla (NASDAQ:TSLA) on Friday raised the costs of its Mannequin S automobiles in the USA by $5,000, based on its web site. The Mannequin S base variant All-Wheel Drive (AWD) will now value $79,990, whereas the efficiency “Plaid”…
Investing.com– UBS analysts famous that the worldwide power transition to renewables from fossil fuels is in full movement, and that new power techniques have been prone to be shaped within the coming years amid heightened capital spending. UBS mentioned that…
Investing.com — In its ‘2025 World Client Outlook’ report launched Monday, RBC Capital Markets outlines vital challenges and alternatives shaping international client markets. Drawing from views throughout areas and sectors, the report emphasizes key developments and themes anticipated to affect…
By Waylon Cunningham (Reuters) – Sweeping deportations pledged by President-elect Donald Trump may pose an financial shock for the restaurant trade in ways in which echo the pandemic: pricier menus, rising wages, and shuttered storefronts, economists and a few restaurateurs…
