Reuters US Business

Wall Street indexes end lower; investors brace for jobs data, Nvidia results

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended sharply lower on Monday, with the S&P 500 and the Nasdaq closing below a key technical indicator for the first time since late April as investors braced for quarterly results from retailers and chip giant Nvidia and awaited a long-delayed U.S. jobs report this week.  Losses …

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Exclusive-Pinkberry parent company MTY Food Group hires TD Bank to explore a sale, sources say

By Abigail Summerville (Reuters) -Canada’s MTY Food Group, owner of Pinkberry and Cold Stone Creamery, has hired Toronto-Dominion Bank to explore a sale, according to people familiar with the matter, who asked not to be named because the process is confidential. After Reuters reported the company’s plans Monday, MTY’s shares surged by more than 13%. …

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Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone

By Shivansh Tiwary (Reuters) -Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group. The agreement marks Archer’s first third-party application of its powertrain, currently used in its Midnight electric vertical take-off and landing (eVTOL) …

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Amazon to raise $15 billion in first US bond sale in three years to fund AI push

(Reuters) -Amazon will raise $15 billion from its first U.S. dollar bond offering in three years, according to a filing with the Securities and Exchange Commission on Monday, as big tech firms ramp up investments in AI infrastructure. Big technology firms are turning to debt sales worth tens of billions of dollars to fund infrastructure …

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US probes telecom firms after BlackRock’s HPS uncovers alleged $400M fraud, Financial Times reports

(Reuters) -U.S. prosecutors are probing a group of telecoms firms after BlackRock’s private credit arm, HPS Investment Partners, said it lent them over $400 million backed by receivables that appear to be fake, the Financial Times reported on Monday. The Department of Justice is investigating entities tied to Bankim Brahmbhatt, a little-known executive whose companies …

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Welsh Carson-backed Lumexa Imaging reveals narrower loss in US IPO filing

(Reuters) -Lumexa reported a narrower loss for the first nine months of 2025, the Welsh, Carson, Anderson & Stowe-backed medical imaging firm revealed in its U.S. initial public offering paperwork on Monday, aiming to tap a gradually reopening new listings window. IPO activity in the U.S had recovered from tariff shocks to have its busiest …

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Exclusive-Buyout firm Thoma Bravo has offered to buy Clearwater Analytics, sources say

By Milana Vinn NEW YORK (Reuters) -Private equity firm Thoma Bravo has made an offer to acquire Clearwater Analytics, people familiar with the matter said on Monday, as the race to buy out the software provider to investment firms gathers pace. THE BIDDERS The details of Thoma Bravo’s bid, which would result in Clearwater being …

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Trump buys at least $82 million in bonds since late August, disclosures show

By Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October including new investments in sectors benefiting from his policies, financial disclosures made public on Saturday showed. According to the forms released by the U.S. Office of Government Ethics, Trump carried …

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Fidelity sues Broadcom over access to key software to avoid outages

By Nate Raymond BOSTON (Reuters) -A subsidiary of Fidelity Investments has filed a lawsuit accusing technology company Broadcom of threatening to cut off its access to key software that has become central to the financial firm’s systems, creating the risk of “massive outages” and trading disruptions unless a judge intervenes to stop it. Fidelity Technology …

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Tyson Foods to halt carbon emissions claims, environmental group says

By Tom Polansek CHICAGO (Reuters) -Tyson Foods has agreed to stop saying it will reach net-zero greenhouse gas emissions by 2050 and marketing beef as climate friendly to settle a lawsuit that accused the U.S. meat company of misleading consumers with the claims, the nonprofit Environmental Working Group said on Monday. Companies have faced a …

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