By Virginia Furness (Reuters) – Amazon has become the first company to sidestep a global standard for verifying carbon offsets…
Year: 2024
Boeing to buy Spirit Aero for $4.7 billion in effort to tackle quality lapses
(Reuters) -Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, ending the near-two-decade independence of the…
AI-focused tech firms see big jump in market cap in June
(Reuters) – Artificial intelligence-focused companies, mostly chipmakers, saw big gains in their market capitalization at the end of June, with…
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…
Trump cites Supreme Court ruling in calling for Jan. 6 ‘hostages’ to be freed
By Tim Reid CHESAPEAKE, Virginia (Reuters) – Donald Trump said on Friday that his supporters prosecuted for their actions in…
Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
By Jonathan Stempel NEW YORK (Reuters) – A federal judge said Visa and Mastercard can likely withstand a “substantially greater”…
US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
(Reuters) -The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system,…
Binance must face bulk of US SEC crypto lawsuit, judge rules
(Reuters) – A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and…
Ackman’s Pershing Square USA to offer shares at $50 in NY listing
(Reuters) – Pershing Square USA, a fund managed by billionaire Bill Ackman, said on Friday it plans to offer shares…
Aramco to buy 10% stake in Renault-Geely thermal engines venture
By Rishav Chatterjee (Reuters) -Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between…