Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Celsius Network pivots to bitcoin mining after bankruptcy
By Dietrich Knauth NEW YORK (Reuters) - Crypto lender Celsius Network has scaled back its post-bankruptcy business plans to focus only on bitcoin mining, citing U.S. regulators' skepticism of its othe...
Nov 21, 2023
Avenue Capital raising new ‘impact’ private credit fund – source
By Carolina Mandl NEW YORK (Reuters) - New York-based Avenue Capital Group plans early next year to launch a new fund to invest in so-called environmental impact private credit investments, according ...
Nov 21, 2023
Monsanto hit with $165 million verdict over PCBs in Seattle school
By Clark Mindock (Reuters) - A U.S. jury has ordered Bayer's Monsanto to pay $165 million to employees of a school northeast of Seattle who claimed chemicals made by the company called polychlorinated...
Nov 21, 2023
Argentine election may boost farmer spending, grain prices -biotech firm Bioceres
By Tom Polansek (Reuters) - Argentina's farmers may be more willing to spend money on seeds and other agricultural products, hoping that new President-elect Javier Milei's policies will improve earnin...
Nov 21, 2023
Goldman Sachs execs see steeper Treasuries curve, softer demand
By Lananh Nguyen and Davide Barbuscia NEW YORK (Reuters) - Goldman Sachs expects the U.S. Treasuries curve to steepen in the long term, driven by rising fiscal spending, top executives said. "Fiscal s...
Nov 21, 2023
US retailers brace for a tough holiday season despite discounts
By Savyata Mishra and Ananya Mariam Rajesh (Reuters) - U.S. retailers across apparel, electronics and home improvement are bracing for a challenging holiday season, a sign that higher discounts might ...
Nov 21, 2023
Binance chief will admit violating US laws as part of $4 billion deal to resolve probe
NEW YORK (Reuters) - Binance Holdings chief Changpeng Zhao will admit violating U.S. laws as part of a deal to resolve a U.S. probe into illicit finance breaches, according to a source familiar with m...
Nov 21, 2023
US FTC probes $10 billion deal for Subway – Politico
(Reuters) -The U.S. Federal Trade Commission (FTC) is investigating if the $10 billion purchase of Subway would create a sandwich shop monopoly with Jimmy John's and Arby's, both owned by Roark Capita...
Nov 21, 2023
Brazil’s government trims 2023 GDP growth estimate
BRASILIA (Reuters) - Brazil's Finance Ministry lowered its forecast for the country's economic growth for this year and 2024, a report by its economic policy secretariat showed on Tuesday. The ministr...
Nov 21, 2023
OpenAI board, Altman in talks for return of former CEO – Bloomberg News
(Reuters) -Sam Altman and OpenAI's board have opened discussions with the aim of bringing back the former CEO of the artificial intelligence startup, Bloomberg News reported on Tuesday, citing people ...
Nov 21, 2023
