Reuters US Business

By Milana Vinn (Reuters) -Buyout firm Thoma Bravo is exploring a $3 billion-plus sale of Apryse, after receiving interest from potential buyers of the document processing software provider, people familiar with the matter said on Thursday. Thoma Bravo is working with investment bankers at Lazard on the sale process, said the sources, noting interest had …

Exclusive-Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say Read More »

By Michael S. Derby (Reuters) -Federal Reserve Governor Adriana Kugler said on Thursday she’s closely watching markets amid substantial shifts in trade policy and possible diminished investor desire to hold U.S. dollar assets.  “I have been paying attention to the possible interaction between the financial vulnerabilities of firms and their exposure to trade,” Kugler said. …

Fed’s Kugler says monitoring markets amid big policy shifts Read More »

(This May 20 story has been corrected to clarify that the contracting cuts driven by DOGE amounted to $90 million, not $9 million, in paragraph 6) By Douglas Gillison (Reuters) – Wall Street’s top regulator remains capable of policing markets despite steep recent cuts to agency staffing, Paul Atkins, the newly installed chairman of the …

Wall St regulator defends steep staff cuts Read More »

By Davide Barbuscia NEW YORK (Reuters) – A court ruling blocking most of U.S. President Donald Trump’s import duties could add uncertainty around when the government will no longer be able to pay all its obligations without raising the U.S. debt ceiling, Barclays analysts said. A U.S. trade court blocked most of President Donald Trump’s …

Trump tariff setback could hasten US debt ceiling deadline, says Barclays Read More »

By Tatiana Bautzer NEW YORK (Reuters) -Goldman Sachs President John Waldron said on Thursday that the outlook for investment banking remains “quite good.”  The bank’s pipeline for deals worldwide is strong despite uncertainty over timing as U.S. tariff policies roil markets and stall activity, he told investors at a conference. “Our investment banking business is …

Goldman Sachs says deal outlook is good, but timing is uncertain Read More »

By Aditya Soni, Kritika Lamba (Reuters) -Elon Musk’s break with the Trump administration means investors will hope he refocuses on his sprawling empire as Tesla battles slumping sales and after SpaceX’s latest rocket launch fell short of expectations. Musk called time on his White House stint on Wednesday, giving Tesla investors some succor after shares …

Musk’s White House exit refocuses questions about Tesla, other businesses Read More »

By Jonathan Stempel (Reuters) -PepsiCo won the dismissal of a lawsuit by a former executive who said the food and beverage company defrauded and defamed him by denying that he invented Flamin’ Hot Cheetos. In a decision on Wednesday, U.S. District Judge John Holcomb said Richard Montanez, who retired from PepsiCo in 2019 to become …

‘Creator’ of Flamin’ Hot Cheetos loses PepsiCo, Frito-Lay lawsuit Read More »

By Stephen Nellis (Reuters) -Even as Nvidia reported another blockbuster quarter of 69% sales growth on Wednesday, the maker of artificial intelligence chips warned of more emerging risks to its business due to the technology conflict between the U.S. and China. Tucked into Nvidia’s quarterly filing with U.S. securities regulators, Nvidia for the first time …

Nvidia discloses more China risks, but CEO praises Trump Read More »