Category: Business
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Bank of America hires former JPMorgan executive to strengthen private bank, memo says
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(Reuters) – Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of…
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Banks sell down more X debt; just $1.3 billion now left on their books
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By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans…
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Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
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(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with…
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Silver catches a lift from gold’s bull run to eye 10-year peak
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By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday,…
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Barrick will resume operations in Mali mine once it can ship gold, CEO says
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By Divya Rajagopal and Felix Njini TORONTO (Reuters) -Barrick Gold will resume operations at its shuttered Loulo-Gounkoto mine…
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AI chip startup Positron raises $23.5 million seed round to take on Nvidia
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By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised…
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Gold bulls lock in on glittering milestone; $3,000/oz in sight
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By Ashitha Shivaprasad and Daksh Grover (Reuters) – U.S. President Donald Trump’s latest tariff threats have ignited another…
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Titan America valued at nearly $3 billion as shares rise 1.25% in NYSE debut
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(Reuters) – Shares of Titan America rose 1.25% in their debut on the New York Stock Exchange, giving…
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Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
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(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting…
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Chipotle reports weaker-than-expected rise in sales, shares fall
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(Reuters) -Chipotle Mexican Grill reported a smaller-than-expected rise in fourth-quarter comparable sales on Tuesday, as higher menu prices…
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