Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Short-seller Jim Chanos to close hedge funds – WSJ
(Reuters) - After nearly four decades, Jim Chanos is shutting down hedge funds he manages that wager against companies he believes are overpriced or fraudulent, the Wall Street Journal reported on Fri...
Nov 17, 2023
Moody’s lifts Italy’s debt outlook to stable in boost for Meloni govt
(Reuters) - Moody's on Friday left Italy's sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Minister Giorgia Melo...
Nov 17, 2023
Cruise testing continues in Japan, Dubai, even as vehicles parked in US
By Greg Bensinger SAN FRANCISCO (Reuters) - Days after General Motors' Cruise self-driving car unit pulled all of its vehicles off the roads in the U.S. for a safety review, it continues to test them ...
Nov 17, 2023
Nikola CFO to resign less than a year after joining
(Reuters) -Electric-truck maker Nikola said on Friday Chief Financial Officer Anastasiya Pasterick would resign to "pursue other opportunities" less than a year after joining the loss-making company. ...
Nov 17, 2023
Figma reviewing EU’s objections against $20 billion Adobe buyout bid
(Reuters) -Figma said on Friday it was carefully reviewing the EU competition watchdog's statement of objections related to Photoshop maker Adobe's proposed $20 billion bid to buy out the cloud-based ...
Nov 17, 2023
ChatGPT maker OpenAI ousts CEO Sam Altman
By Jeffrey Dastin, Anna Tong, Samrhitha A and Krystal Hu (Reuters) -ChatGPT maker OpenAI's CEO Sam Altman has been ousted after the board lost confidence in his ability to lead, the company said on Fr...
Nov 17, 2023
Northrop Grumman pulls out of UK narrowband military satellite tender – FT
LONDON (Reuters) - U.S. defence company Northrop Grumman has pulled out of a competition to supply narrowband military satellite communications for Britain's armed forces, the Financial Times reported...
Nov 17, 2023
Exclusive-Meta’s head of augmented reality software stepping down
By Katie Paul NEW YORK (Reuters) - Meta's head of augmented reality software is stepping down from his role, a company spokesperson told Reuters on Friday, raising questions about the company's progre...
Nov 17, 2023
Analysis-Fewer shoppers in Burberry stores complicates design overhaul
By Mimosa Spencer PARIS (Reuters) - The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, with designer Daniel Lee's first styles for the Britis...
Nov 17, 2023
Fed officials find a bit of Zen on way to next policy decision
By Ann Saphir and Michael S. Derby (Reuters) - As Federal Reserve officials near the midway point between their last policy meeting and the final one of the year, they appear to be converging on a mes...
Nov 17, 2023
