By Dietrich Knauth NEW YORK (Reuters) – U.S. film producer Village Roadshow Entertainment Group is “open to all bids” for a film library that includes rights to well-known movies like The Matrix, Ocean’s Eleven, and The Joker, a company attorney said on Tuesday at a court hearing a day after filing for bankruptcy. Los Angeles-based …
‘Matrix’ co-producer Village Roadshow ‘open to all bids’ after bankruptcy Read More »
By Shivani Tanna and Ross Kerber (Reuters) -BlackRock , Vanguard and State Street have asked a federal court in Texas to dismiss a state lawsuit accusing the top fund managers of conspiring through climate activism to discourage coal output, with the firms saying the allegations rest on “half-baked and untested” legal theories. “To find that …
Top fund managers ask US court to dismiss climate-related antitrust lawsuit Read More »
By Deborah Mary Sophia and Krystal Hu (Reuters) – Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft. The blockbuster deal will make Wiz part of …
Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in February amid a thaw in winter weather while production at factories surged, but rising prices for raw materials because of tariffs threaten the nascent housing market and manufacturing recovery. The reports on Tuesday did not change the sense that the economy has slowed …
US homebuilding, manufacturing surge; tariffs cast pall over recovery Read More »
By Nupur Anand NEW YORK (Reuters) -Financial technology firms and crypto companies are seeking to become state or national banks in a bid to expand their business under the Trump administration that they view as more industry-friendly, according to more than half a dozen industry executives. Firms that had been seeking to expand and gain …
Fintechs and crypto companies seek bank charters for growth Read More »
By Stephen Nellis SAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands can use to help consumers navigate their websites. Adobe is known for consumer apps such as Photoshop but also sells a suite of business-to-business software tools used in online marketing, which made up a quarter …
Adobe rolls out AI agents for online marketing tools Read More »
By David Shepardson WASHINGTON (Reuters) – Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For Automotive Innovation, a group representing nearly all major automakers, in a letter seen by Reuters called on Transportation Secretary …
Automakers, tech industry urge Trump to speed self-driving car deployment Read More »
By Alexander Hübner, Christoph Steitz and Victoria Waldersee INGOLSTADT/BERLIN, Germany (Reuters) – German premium carmakers exposed to U.S. import tariffs are weighing long-term strategies from raising prices and lowering output to shifting production to deal with the added cost. Volkswagen’s premium Audi brand said on Tuesday it was considering “the extent to which we will …
German premium carmakers weigh price, production shifts to soften tariff blow Read More »
By Gianluca Lo Nostro (Reuters) -Ukraine’s leading mobile operator Kyivstar is moving ahead with its planned U.S. listing, its parent VEON said on Tuesday, even as President Donald Trump’s chaotic trade policy knocks confidence on Wall Street. Kyivstar has been assigned a pro-forma valuation of $2.21 billion ahead of the initial public offering (IPO) in …
Ukraine’s top telco valued at over $2 billion as it goes ahead with US IPO Read More »
WASHINGTON (Reuters) – U.S. manufacturing production increased more than expected in February, boosted by a surge in motor vehicle output, but tariffs are casting a shadow on the nascent factory recovery. Factory output jumped 0.9% last month after an upwardly revised 0.1% gain in January, the Federal Reserve said on Tuesday. Economists polled by Reuters …
