By Adrianna Ebert WARSAW (Reuters) – Polish video game maker CD Projekt aims to start the production phase of the next game in its blockbuster “Witcher” series this year, the company’s new joint CEO Adam Badowski told Reuters. “We’d like to have around 400 people working on the project by the middle of the year”, …
CD Projekt aims to start production phase of ‘Polaris’ in 2024 Read More »
(Reuters) -U.S. authorities are investigating B. Riley Financial’s deals with a client who was linked to a securities fraud, and the use of his assets to help the investment bank obtain a loan from Nomura Holdings, Bloomberg News reported. B. Riley said in a statement that it was unaware of any SEC investigation regarding any …
SEC probes B. Riley deals with client tied to failed hedge fund – Bloomberg News Read More »
(This Jan. 19 story has been corrected to fix the affiliation of source to Clean Energy Canada, not Clean Energy BC, in paragraph 17) By Rod Nickel WINNIPEG, Manitoba (Reuters) – British Columbia boosted its C$36 billion ($26.7 billion) plan to expand its grid over the next decade, but Canada’s Pacific Coast province will still …
British Columbia boosts power plan but electrifying LNG proving big challenge Read More »
By Echo Wang and Anirban Sen (Reuters) – Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. It would be the first IPO of a …
Exclusive-Reddit seeks to launch IPO in March – sources Read More »
(Reuters) -Waymo, Alphabet Inc’s autonomous driving unit, said on Friday it had applied to the California Public Utilities Commission to expand its driverless service in Los Angeles. A license would allow Waymo, which operates extensively in San Francisco, to fully operate its fleet in Los Angeles, California’s largest city, where it is now testing rides, …
Waymo seeks to expand driverless service to Los Angeles Read More »
(Reuters) – Elon Musk has said a report that his artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal is inaccurate. “This is simply not accurate,” he said in a reply to a user post about the Bloomberg article on social media platform X. The artificial …
Musk denies report his AI company secures $500 million toward $1 billion funding goal Read More »
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy are in a “good place,” and the risks have grown more balanced while work remains to bring down inflation. “We have to calibrate very carefully to ensure that we continue to bring …
Fed’s Daly: Policy in a ‘good place,’ risks ‘balanced’ Read More »
By Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs’ board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he steps down at the bank’s annual meeting in April, according to a filing on Friday. Viniar joined the board in 2013 after serving as Goldman’s finance chief for more than a decade. …
Goldman Sachs names Viniar as lead director, succeeding Ogunlesi Read More »
By Isla Binnie and Lananh Nguyen NEW YORK (Reuters) – Over a recent lunch with Warren Buffett, Citigroup CEO Jane Fraser outlined her latest round of reorganization efforts to simplify the bank. He told her to keep going. Fraser recounted the meal with the billionaire investor on a conference call with managing directors on Thursday, …
Warren Buffett tells Citigroup CEO Fraser to keep going with overhaul -source Read More »
(Reuters) – The S&P 500 confirmed on Friday that it has been in a bull market since October 2022, as it notched a record high close for the first time in two years. The session’s gains were fueled by chipmakers surging on AI optimism and investor bets that the Federal Reserve will cut interest rates …
