Reuters US Business

By Milana Vinn (Reuters) -Warburg Pincus has agreed to acquire a majority stake in Raptor Technologies from fellow investment firm Thoma Bravo, in a deal that values the school safety software provider at around $1.8 billion, according to people familiar with the matter. THE DETAILS * The deal could be announced imminently, the sources said,requesting …

Warburg Pincus to acquire Raptor Technologies for around $1.8 billion, sources say Read More »

(Reuters) -The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the recent federal government shutdown. Following are the latest release dates for data that was missed during the shutdown and any schedule changes for future related data. Release Time Report Period …

Factbox-Schedule for US economic data delayed by government shutdown Read More »

(Reuters) -Wall Street’s main indexes opened higher on Friday with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen currencies, commodities and equity contracts around the globe. The Dow Jones Industrial Average rose 55.1 points, or 0.12%, at the open to 47,482.25. The S&P 500 rose 9.9 points, …

Wall St opens higher, futures resume trade after outage Read More »

(Reuters) -Futures tracking the tech-heavy Nasdaq and the blue-chip Dow resumed trading on Friday after the world’s biggest exchange operator, CME Group, restored its services following an hours-long outage caused by a cooling issue at one of its data centers. At 08:30 a.m. ET, Dow E-minis were up 58 points, or 0.12% and Nasdaq 100 …

Nasdaq, Dow futures resume trade after CME outage Read More »

(Reuters) -Exchange operator CME Group said on Friday that its Globex futures and options markets pre-opened at 07:00 Central Time (1300 GMT) and open at 07:30 CT, after an earlier halt caused by a cooling issue at its data centres. The world’s biggest exchange operator by market value had paused activity across several markets earlier …

CME says globex futures and options markets to open at 7:30 CT Read More »

(Reuters) -U.S. equity funds witnessed their first weekly outflow in six weeks in the week through November 26, as concerns over lofty tech valuations prompted investors to take profits and overshadowed optimism about a possible Federal Reserve rate cut next month. They divested a net $4.56 billion worth of U.S. equity funds in their first …

US equity funds see first weekly outflow in six weeks Read More »

By Supantha Mukherjee and Lucy Raitano STOCKHOLM/LONDON (Reuters) -The global boom in data centers as companies increasingly outsource information storage and ramp up use of energy-intensive artificial intelligence is creating a key challenge for the industry – how to keep cool. An outage at the world’s biggest exchange operator CME Group from late Thursday that …

Explainer-Keeping cool: heat a key challenge for data centers and AI Read More »