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The logo of Paramount Pictures studios is pictured after the Writers Guild of America (WGA) said it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 24, 2023.

Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports

Reuters |Updated a day ago |1 min read

(Reuters) - Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements that will allow them to look at Paramount's books ahead of a potential bid for the movie studio's assets, the New York Times reported on ...

A United Launch Alliance Atlas V rocket stands on the pad after the launch of two astronauts aboard Boeing's Starliner-1 Crew Flight Test (CFT) was delayed for technical issues prior to a mission to the International Space Station, in Cape Canaveral, Florida, U.S. May 7, 2024.

Boeing Starliner's debut crewed flight delayed again to check helium leak

Reuters |Updated a day ago |1 min read

WASHINGTON (Reuters) - NASA and Boeing delayed the launch of Boeing's Starliner crew capsule again on Friday, giving them four more days to assess a helium leak before attempting to launch the spacecraft's first two astronauts into space, the ...

A arrives at the U.S. District Bankruptcy Court for the Southern District of New York in Manhattan, New York, U.S., January 9, 2020.

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

Dietrich Knauth |Updated a day ago |2 min read

By Dietrich Knauth NEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, ...

Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.

Nippon Steel executive to visit U.S. to meet stakeholders of U.S. Steel deal

Reuters |Updated a day ago |2 min read

By Urvi Dugar, Akanksha Khushi and Yuka Obayashi , TOKYO (Reuters) -Japan's Nippon Steel said on Saturday its vice chairman, Takahiro Mori, a key negotiator for its planned purchase of U.S. Steel, will travel to the United States next week to meet ...

A view shows the exterior of the Mercedes automotive plant, where workers are voting on whether to join the United Auto Workers (UAW) union, in Vance, Alabama, U.S., May 15, 2024.

Analysis-UAW's stinging loss in Alabama won't kill national organizing effort

Nora Eckert |Updated a day ago |4 min read

By Nora Eckert VANCE, Alabama (Reuters) - The United Auto Workers failed in its effort to organize a Mercedes-Benz plant in Alabama, but the loss on Friday was a good result for a first effort in a historically anti-union state, labor professors ...

Canada's Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng speaks at a Lunar New Year celebration in Ottawa, Ontario, Canada January 31, 2023.

Canada exploring higher tariffs on Chinese EVs, Bloomberg News reports

Reuters |Updated a day ago |1 min read

(Reuters) -Canada is looking at whether it needs to raise tariffs on Chinese-made electric vehicles after the White House announced major new levies on them, Trade Minister Mary Ng told Bloomberg News on Friday. "We are looking at this very carefully ...

Deputy Prime Minister of Russia Alexander Novak gestures at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5, 2022.

Russian deputy PM given new tasks for coordination of economy

Reuters |Updated a day ago |1 min read

(Reuters) - Russian Deputy Prime Minister Alexander Novak, point man for the energy sector and negotiations with the OPEC+ grouping, has been given new responsibilities for coordinating the economy, according to a government announcement issued ...

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 17, 2024.

Stock market's record-setting rebound may have further to go

Lewis Krauskopf |Updated 6 hours ago |3 min read

By Lewis Krauskopf NEW YORK (Reuters) -A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three ...

SaltWire

Exclusive-Thoma Bravo explores sale of Instructure, sources say

Milana Vinn |Updated a day ago |2 min read

By Milana Vinn NEW YORK (Reuters) -Private equity firm Thoma Bravo is exploring a sale of Instructure, a U.S. education software provider with a market value of $3 billion, people familiar with the matter said on Friday. Thoma Bravo, which holds an ...

A person arrives at the offices of Tik Tok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok's Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app or face a ban, in Culver City, California, U.S., March 13, 2024.

US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban

Reuters |Updated a day ago |2 min read

By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department and TikTok on Friday asked a U.S. appeals court to set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance to divest TikTok's U.S.

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