Updated

Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion

• Business

Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion

Stock Focus Report April 2, 2024

(Corrects headline and text to say buyback is second biggest, not the biggest) (Reuters) – Chinese e-commerce...

Read More Read more about Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion

Biden administration weighing $18 billion in arms transfers to Israel, sources say

• Top News

Biden administration weighing $18 billion in arms transfers to Israel, sources say

Stock Focus Report April 1, 2024

By Humeyra Pamuk, Patricia Zengerle and Matt Spetalnick WASHINGTON (Reuters) – President Joe Biden’s administration is weighing...

Read More Read more about Biden administration weighing $18 billion in arms transfers to Israel, sources say

AT&T says leaked data set impacts about 73 million current, former account holders

• Business

AT&T says leaked data set impacts about 73 million current, former account holders

Stock Focus Report April 1, 2024

(Reuters) -Telecom company AT&T said on Saturday that it is investigating a data set released on the...

Read More Read more about AT&T says leaked data set impacts about 73 million current, former account holders

UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider

• Business

UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider

Stock Focus Report April 1, 2024

By Ananta Agarwal and Deborah Mary Sophia (Reuters) -United Parcel Service said on Monday it will become...

Read More Read more about UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider

OpenAI removes Sam Altman’s ownership of its Startup Fund

• Business

OpenAI removes Sam Altman’s ownership of its Startup Fund

Stock Focus Report April 1, 2024

By Krystal Hu (Reuters) – OpenAI has changed the governance structure of its venture capital fund that...

Read More Read more about OpenAI removes Sam Altman’s ownership of its Startup Fund

Analysis-Relentless US credit demand seen driving second-quarter rally

• Business

Analysis-Relentless US credit demand seen driving second-quarter rally

Stock Focus Report April 1, 2024

By Shankar Ramakrishnan (Reuters) – An investor scramble to lock in returns before the Federal Reserve cuts...

Read More Read more about Analysis-Relentless US credit demand seen driving second-quarter rally

Fighting rages across Gaza amid revival of truce talks

• Top News

Fighting rages across Gaza amid revival of truce talks

Stock Focus Report March 31, 2024

By Nidal al-Mughrabi CAIRO (Reuters) -Israeli strikes killed 77 Palestinians in Gaza in the past 24 hours,...

Read More Read more about Fighting rages across Gaza amid revival of truce talks

Investors eye Fed rate cut, earnings as key to sustaining market rally

• Business

Investors eye Fed rate cut, earnings as key to sustaining market rally

Stock Focus Report March 31, 2024

By David Randall NEW YORK (Reuters) -After a stellar start to the year for stocks, investors are...

Read More Read more about Investors eye Fed rate cut, earnings as key to sustaining market rally

U.S. updates export curbs on AI chips and tools to China

• Business

U.S. updates export curbs on AI chips and tools to China

Stock Focus Report March 30, 2024

WASHINGTON (Reuters) -The Biden administration on Friday revised rules aimed at making it harder for China to...

Read More Read more about U.S. updates export curbs on AI chips and tools to China

Meta cannot delay US FTC from reopening privacy probe, court says

• Business

Meta cannot delay US FTC from reopening privacy probe, court says

Stock Focus Report March 29, 2024

By Mike Scarcella and David Shepardson WASHINGTON (Reuters) – Meta Platforms cannot delay the U.S. Federal Trade...

Read More Read more about Meta cannot delay US FTC from reopening privacy probe, court says