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Citigroup Hit With $1B Lawsuit Over Alleged Role in Oil Fraud

Former Zillow execs target .3T market In Today’s News Two former Zillow execs are taking on a $1.3T market. Join…

May 8, 2025
Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports

Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports

(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial intelligence servers and…

May 8, 2025May 8, 2025
Stablecoin bill fails to clear key hurdle in U.S. Senate

Stablecoin bill fails to clear key hurdle in U.S. Senate

By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced…

May 8, 2025May 8, 2025
Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal

Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal

By Mike Scarcella (Reuters) -A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to…

May 8, 2025May 8, 2025
Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by…

May 8, 2025May 8, 2025
Newsletters

Boeing Shakes Up Leadership With Wisk Aero CEO Move

Approved in Trump’s First 24 Hours… And Now You Can Profit In Today’s News Pulling a Tesla’ in the $1T…

May 7, 2025
Netflix to revamp TV app interface, launch AI-powered search for iOS users
Business

Netflix to revamp TV app interface, launch AI-powered search for iOS users

(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…

May 7, 2025
Amazon to spend $4 billion on cloud infrastructure in Chile
Business

Amazon to spend $4 billion on cloud infrastructure in Chile

By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…

May 7, 2025
Hedge Fund Millennium in talks with Goldman’s Petershill Partners on stake sale, FT reports
Business

Hedge Fund Millennium in talks with Goldman’s Petershill Partners on stake sale, FT reports

(Reuters) -Hedge fund Millennium Management is in talks with Goldman Sachs’ Petershill Partners to identify potential buyers for a minority…

May 7, 2025
Boeing taps Wisk Aero CEO to head commercial airplane product developmentĀ 
Business

Boeing taps Wisk Aero CEO to head commercial airplane product developmentĀ 

By Dan Catchpole SEATTLE -Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product…

May 7, 2025

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