Reuters US Business

Star Entertainment in Australia fails performance hurdles for seventh straight year

19 Nov 2025

(Reuters) -Embattled Australian casino operator Star Entertainment said on Wednesday that long-term performance rights awarded to its top executives and managers have lapsed for the seventh consecutive year after the company once again failed to meet key performance hurdles. The rights granted for the year ending in June 2022 were canceled after Star fell short …

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Elon Musk, Jensen Huang to talk AI at US-Saudi investment forum

19 Nov 2025

By David Shepardson WASHINGTON (Reuters) -Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will take part in a discussion on advances in artificial intelligence and technology at a U.S.-Saudi Arabia investment forum in Washington on Wednesday, according to a document seen by Reuters. “This conversation will explore the emerging forces shaping the next wave …

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US states can intervene to challenge HPE’s $14 billion Juniper acquisition

19 Nov 2025

By Jody Godoy (Reuters) -A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise’s $14 billion acquisition of Juniper Networks, which the U.S. Department of Justice has proposed to settle and let the deal move forward, a judge said during a hearing on Tuesday. U.S. District Judge Casey Pitts in San Jose, …

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Warner Bros Discovery wants Paramount to raise its offer to $30 per share, Axios reports

19 Nov 2025

(Reuters) -Warner Bros Discovery’s board wants Paramount Skydance to sweeten its latest bid of $23.5 per share to about $30 apiece, Axios reported on Tuesday, citing sources familiar with the matter. Paramount’s offer was for 80% in cash and 20% in stock, Axios reported. The companies did not immediately respond to Reuters’ requests for comment …

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S&P 500 ends down for a 4th day as valuation worries weigh, Home Depot drops

19 Nov 2025

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday, with the S&P 500 putting in a fourth straight session of losses as valuation worries hit big technology-related shares and a disappointing forecast pressured Home Depot. The four-day drop was the benchmark’s longest losing streak in three months. Adding to caution, quarterly results …

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Mexico’s ASUR buys Motiva’s Latin American airports in $2.2 billion deal

19 Nov 2025

By Luciana Magalhaes SAO PAULO (Reuters) -Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva for 11.5 billion reais ($2.16 billion), including net debt, Motiva said on Tuesday. Airport operator ASUR will pay 5 billion reais for Motiva’s stake in the assets, while the remaining …

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ANZ CEO says bank needs cultural change to fix ongoing mistakes

19 Nov 2025

By Scott Murdoch SYDNEY (Reuters) -ANZ Group CEO Nuno Matos on Wednesday told lawmakers the embattled lender needed a cultural overhaul and to be accountable for its mistakes, as the bank faces ongoing pressure from Australian regulators. Matos said ANZ was too complex and had too much duplication, which he was determined to simplify as …

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Trump warns against AI ‘overregulation,’ says US needs to have one federal standard

19 Nov 2025

By Kanishka Singh WASHINGTON (Reuters) -President Donald Trump said on Tuesday the U.S. must have one federal standard for regulating artificial intelligence, saying the technology risked being over-regulated if each American state came up with its own standard. “Overregulation by the States is threatening to undermine this Growth Engine,” Trump said on social media. “We …

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Foreign demand for US Treasuries slips in September, but Japan steps up buying

19 Nov 2025

NEW YORK (Reuters) -Foreign holdings of U.S. Treasuries slipped in September, data from the Treasury Department showed on Tuesday, declining for the first time in six months. The Treasury finally released capital flows data after the federal government’s 43-day shutdown. Data for October will be released on December 18, the Treasury said. Holdings of U.S. …

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