By Danielle Broadway LOS ANGELES (Reuters) – After three months of walking the picket lines, striking Hollywood writers expressed optimism on Wednesday about the reopening of contract talks with major studios and the possibility they could be back at work in weeks. Details of the latest proposal from the Alliance of Motion Picture and Television …
Optimism emerges among Hollywood writers over talks with studios Read More »
(Reuters) – EQT Corp, the biggest U.S. natural gas producer, said on Wednesday that it had won antitrust approval to close a deal to buy Quantum Energy-backed THQ Appalachia I LLC and associated infrastructure. The proposed deal, valued at $5.2 billion, had been announced in September 2022. EQT said that the parties had satisfied conditions …
US FTC approves deal for natgas producer EQT to buy THQ Appalachia Read More »
By Saeed Azhar and Noel Randewich NEW YORK (Reuters) – Wall Street ended lower on Wednesday after the Federal Reserve’s minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting. The minutes of the Fed’s July monetary policy meeting showed most policymakers continue to prioritize the …
Wall Street ends lower after Fed minutes cloud outlook for rates Read More »
(Reuters) -Synopsys on Wednesday named 25-year veteran Sassine Ghazi as its CEO and president, succeeding Aart de Geus who will move to the role of executive chair at the chip design software firm. Shares were up 2.7% in extended trading, after the California-based company also forecast fourth-quarter revenue above Wall Street estimate as artificial intelligence …
Synopsys names insider Ghazi as CEO, forecasts upbeat fourth-quarter revenue Read More »
(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC). The move will allow Coinbase to offer bitcoin and ether futures directly to eligible U.S. customers. Until now, only …
Coinbase wins approval to offer crypto futures trading in US Read More »
WASHINGTON (Reuters) – The U.S. securities regulator will continue to carefully review issuer filings, it said on Wednesday in response to a Reuters report that Chinese offshore issuers are toning down China-related business risks in their listing documents. “Any issuer who chooses to access the U.S. capital markets must comply with our federal securities laws …
U.S. SEC says will continue to carefully review China IPO prospectuses Read More »
By Greg Roumeliotis and Emma-Victoria Farr (Reuters) -ArcelorMittal SA, the world’s second-largest steelmaker, is considering a potential offer for U.S. Steel Corp, three people familiar with the matter said on Wednesday. ArcelorMittal is discussing a possible offer with its investment bankers, and there is no certainty that it will press ahead with it, the sources …
Exclusive-ArcelorMittal weighs possible bid for US Steel -sources Read More »
By Isla Binnie NEW YORK (Reuters) – Invenergy Renewables, Blackstone and Canada’s second-largest pension fund said on Wednesday they struck a deal with Bank of America to help buy wind and solar plants worth $1.5 billion, capitalising on a new tax structure included in President Joe Biden’s landmark climate law. Developers and investors are working …
US investor group clinches tax credit deal for $1.5 billion renewable power acquisition Read More »
By Steven Scheer and Emily Rose JERUSALEM (Reuters) – A growing number of Israel’s tech startups are incorporating in the United States, attracted by deep pocketed U.S. funds and pro-business policies, and with an extra push from a planned judicial overhaul at home that has rattled investors. That marks a reversal, as Israel had managed …
Israeli tech startups flock to US amid uncertainty at home Read More »
(Reuters) -Cisco Systems projected annual revenue below market estimates on Wednesday, in a sign that an uncertain economic outlook was weighing on demand at one of the biggest makers of networking equipment. Slowing cloud demand has in recent quarters muddied the outlook for suppliers of hardware such as switches and routers, which power computer networks …
