Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK (Reuters) -Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two…
March 2025
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
(Reuters) – Oracle CEO Safra Catz said that the company’s large sales backlog will help drive 15% growth in its…
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Trump to sign executive order on disaster relief on Monday
WASHINGTON (Reuters) -U.S. President Donald Trump plans to sign an executive order on Monday designed to empower state and local…
IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology
LONDON (Reuters) -IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores’ company LzLabs, which…
Tariff fears drag FTSE 100 to more than one-month low
(Reuters) -The British benchmark index fell to a near five-week low on Monday, tracking a global equity selloff as worries…
Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
PANAMA CITY (Reuters) – The Panama Maritime Authority, which oversees shipping and port infrastructure in the Central American country, will…
Trump’s shipbuilding plan could upend ocean cargo industry, companies warn
By Lisa Baertlein LOS ANGELES (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive…
Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis…
Pentagon software buying process shifts towards more access
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of Defense is shifting how it buys software eyeing greater access…