Reuters US Business

Zuckerberg, Meta directors agree to $190 million settlement of shareholder privacy case

21 Nov 2025

(Corrects paragraph 9 to show its second-largest derivative settlement involving allegations that directors failed in their oversight duty in paragraph nine. Prior version said it was the second-largest derivative settlement.) By Tom Hals WILMINGTON, Delaware, (Reuters) -Mark Zuckerberg and current and former leaders of Meta Platforms agreed to pay the company $190 million to resolve …

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Wall St opens higher as December rate cut bets strengthen

21 Nov 2025

(Reuters) -Wall Street’s main indexes opened higher on Friday as traders raised bets on an interest rate cut by the Federal Reserve in December following commentary from policymakers, with tech stocks stabilizing after last session’s rout. The Dow Jones Industrial Average rose 56.4 points, or 0.12%, to 45,808.65 at the open. The S&P 500 rose …

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Investor challenges pile up over price of 3G Capital’s Skechers deal

21 Nov 2025

By Tom Hals WILMINGTON, Delaware (Reuters) -Investment firms holding millions of shares of footwear giant Skechers are suing for a better deal than the $63 per share price paid by 3G Capital to take over the company in a $9.4 billion deal, according to court records. Hedge funds including affiliates of AQR Capital Management have …

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Exclusive-Delays, setbacks loom over Trump’s Golden Dome missile shield

21 Nov 2025

By Mike Stone WASHINGTON (Reuters) -President Donald Trump’s Golden Dome missile defense initiative is facing significant delays, hampered by the 43-day government shutdown and lack of a clear plan to spend the first $25 billion appropriated for the program this summer, eight sources familiar with the situation told Reuters. The shutdown delayed hiring and pulled …

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Morning Bid: The pAIn trade

21 Nov 2025

By Anna Szymanski LONDON, November 21 (REUTERS) -Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend.        From the Editor That Nvidia bump was rather short-lived. U.S. equities tumbled on Thursday despite an early rally, with both the Nasdaq and the Dow recording +1,000 point moves from peak …

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‘A close call’: Global brokerages split on Fed’s December rate cut view after jobs report

21 Nov 2025

By Siddarth S (Reuters) -Global brokerages are split over whether the U.S. Federal Reserve will cut interest rates in December or hold them, following conflicting signals on job growth and unemployment earlier in the week. Data on Thursday showed non-farm payrolls increased by 119,000 jobs in September after a downwardly revised 4,000 drop in August. …

‘A close call’: Global brokerages split on Fed’s December rate cut view after jobs report Read More »

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