Corporations

Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams.


Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media

Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...

Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days

Trump Media shares closed almost 26% higher on Thursday...

Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps

Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...


Latest News

China services growth dips to eight-month low in September: official PMI
China's services sector grew at its slowest pace in eight months in September after new orders shrank for the first time since the 2008 global financial crisis, a survey showed on Friday, exposing mor
Wall St. ends flat, small caps rebound in volatile day
U.S. stocks ended flat in a volatile session on Thursday as energy stocks rebounded and investors bought beaten-down shares, especially small caps.
Tesla, Twitter among premarket's biggest movers
Tesla Motors Inc (TSLA.O) was one of the biggest movers of Thursday's premarket session, after the company's chief executive hinted at a new product that would be unveiled next week.
Starboard offers to take RealD private for $12 per share
Activist investor Starboard Value LP said on Wednesday it had offered to acquire the remaining shares in RealD Inc RLD.N after raising its stake in the 3D technology licensor.
Pimco Total Return Fund posts record $23.5 billion net outflow in September
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gros
Investcorp to complete $1.43 billion Berlin Packaging sale to Oak Hill in October
Alternative investment manager Investcorp will complete the $1.43 billion sale of Berlin Packaging to Oak Hill Capital Partners in the first week of October, it said in a statement on Wednesday.
Dollar scales six-year peak vs. yen, euro struggle intensifies
The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday, as investors added to bets that U.S. data will drive the Federal Reserve to t
Ackman's Pershing Square raises $3 billion in fund listing
Pershing Square Holdings, a fund managed by activist investor Bill Ackman, raised $3.07 billion ahead of a stock market listing in Amsterdam, the company said on Wednesday.
News Corp to buy real estate website operator Move for $950 mln
Rupert Murdoch's News Corp (NWSA.O) said it would buy Move Inc (MOVE.O), the owner of property websites such as realtor.com, for about $950 million to expand its digital marketing business.
Stocks head for worst quarter since euro crisis, dollar reigns
World markets were in hesitant mood on Tuesday as investors wondered what China's response would be to civil unrest in Hong Kong, while the U.S. dollar eased off the throttle after its biggest quarter
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