By Tatiana Bautzer and Niket Nishant (Reuters) -Citigroup has hired David Friedland as co-head of North America investment banking coverage,…
Category: Business
Crypto firm Bitcoin Standard to go public through deal with Cantor-backed SPAC
(Reuters) -Crypto firm Bitcoin Standard Treasury Company is aiming to list on the Nasdaq through a merger with a Cantor…
Citigroup’s head of energy transition decamps for Moelis role, sources say
By Isla Binnie and Svea Herbst-Bayliss NEW YORK (Reuters) -Citigroup’s global head of clean energy transition investment banking is leaving…
Intel beats shareholder lawsuit over $32 billion stock plunge
(Refiles article to remove several paragraphs that were inadvertently duplicated) By Jonathan Stempel (Reuters) -A federal judge dismissed a lawsuit…
Apple beats US appeal claiming it shortchanged customers on iCloud storage
By Jonathan Stempel (Reuters) -A U.S. federal appeals court on Wednesday rejected claims by Apple customers that the iPhone maker…
T-Mobile raises forecast for annual subscriber additions
(Reuters) -T-Mobile raised its annual forecast for postpaid net customer additions on Wednesday and added more wireless subscribers than expected…
BP’s Castrol unit gets One Rock Capital Partners’ bid, Bloomberg News reports
(Reuters) -One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP’s Castrol…
IBM results beat estimates on AI mainframe refresh, consulting revival
(Reuters) -IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, helped by renewed sales in its mainframe…
Musk’s xAI to raise up to $12 billion in debt for AI expansion, WSJ reports
(Reuters) -Elon Musk’s artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for…
Tesla’s second-quarter EV registrations in California fell 21%, industry data shows
(Reuters) -Tesla’s electric vehicle registrations in California fell 21.1% in the second quarter, according to industry data, indicating growing challenges…