News
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Opentext Completes Divestiture Of Non-Core Unit For $163 Mln
Jan 12 (Reuters) - Open Text Corp OTEX.TO:OPENTEXT COMPLETES DIVESTITURE OF NON-CORE UNIT FOR $163 MILLIONOPEN TEXT CORP - OPENTEXT TO USE PROCEEDS TO REDUCE DEBTOPEN TEXT CORP - OPENTEXT DIVESTS EDOCS TO NETDOCUMENTS SOFTWAREReuters
Mon, Jan 12
Musk On Apple, Google Collaboration: Seems Like Unreasonable Concentration Of Power For Google
Jan 12 (Reuters) - MUSK ON APPLE AND GOOGLE COLLABORATION: SEEMS LIKE AN UNREASONABLE CONCENTRATION OF POWER FOR GOOGLE, GIVEN THAT THEY ALSO HAVE ANDROID AND CHROMESource text: https://x.com/elonmusk/status/2010785742427979894?s=20Reuters
Mon, Jan 12
Trump DOJ fires prosecutor who declined to pursue James Comey cas, MS Now reports
WASHINGTON, Jan 12 (Reuters) - The Trump administration has fired a Justice Department prosecutor after he declined to lead the prosecution of former FBI Director James Comey, MS Now reported on Monday, citing multiple people briefed on the matter.Robert McBride, 64, was the No. 2 official in the de...Reuters
Mon, Jan 12
Britain's JD Sports launches AI shopping for US customers
JD Sports partners commercetools and Stripe for AI-driven salesRetailers such as Walmart also developing AI shopping toolsAI initiative will enhance store efficiency, says JD Sports CEOBy Siddharth Cavale and James Davey LONDON/NEW YORK, Jan 12 (Reuters) - British sportswear retailer JD Sports Fa...Reuters
Mon, Jan 12
BREAKINGVIEWS-White House whims create bank capital dilemma
By Stephen Gandel NEW YORK, Jan 12 (Reuters Breakingviews) - For Wall Street, the Trump presidency is a matter of give and take. Shares of the biggest U.S. lenders have surged in anticipation of regulatory relief that would leave them with over $140 billion of excess capital, judging by the avera...Reuters
Mon, Jan 12
US Treasury chief told Trump that Powell probe creates a mess, Axios reports
Jan 12 (Reuters) - U.S. Treasury Secretary Scott Bessent told President Donald Trump on Sunday that the federal probe into Federal Reserve Chair Jerome Powell "made a mess" and could be bad for financial markets, Axios reported on Monday, citing two sources.Reuters
Mon, Jan 12
Novo Nordisk CEO flags 1.5 million US users of compounded GLP-1 drugs
By Maggie Fick and Mrinalika RoyJan 12 (Reuters) - Novo Nordisk NOVOb.CO CEO Mike Doustdar said on Monday as many as 1.5 million patients in the U.S. may be using compounded versions of blockbuster GLP-1 drugs, underscoring how cheaper, unapproved alternatives have captured a significant share of de...Reuters
Mon, Jan 12
BREAKINGVIEWS-Airline deal flies smoother with fewer passengers
By Jonathan GuilfordNEW YORK, Jan 12 (Reuters Breakingviews) - Deals done at 40,000 feet have a better chance of success with fewer people involved. Airline M&A has been choppy in the United States, but discount carrier Allegiant Travel's ALGT.O plan to buy peer Sun Country Airlines SNCY.O ...Reuters
Mon, Jan 12
Canadian National files with US regulator for more details on Union Pacific-Norfolk deal
By Abhinav Parmar Jan 12 (Reuters) - Canadian National CNR.TO on Monday said it filed a motion with the U.S. Surface Transportation Board seeking an order that requires Union Pacific UNP.N and Norfolk Southern NSC.N to disclose additional details about their proposed merger.The $85 billion deal, ...Reuters
Mon, Jan 12
White House's Leavitt: Trump did not direct DOJ officials to investigate Fed Chair Powell
WASHINGTON, Jan 12 (Reuters) - U.S. President Donald Trump did not direct Justice Department officials to investigate Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said on Monday."No," Leavitt told reporters outside the White House when asked if Trump, a l...Reuters
Mon, Jan 12
Airbus takes aim at Pratt & Whitney over engine supplies
PARIS, Jan 12 (Reuters) - Airbus AIR.PA raised concerns over the availability of jet engines from Pratt & Whitney RTX.N on Monday, saying it had yet to reach agreement with the U.S. manufacturer over the volume of supplies that it needs "for the foreseeable future".Outgoing commercial CE...Reuters
Mon, Jan 12
Iran sending different messages to US than those in public, White House says
Jan 12 (Reuters) - Iran is sending "quite different" messages to the United States privately than what it is saying publicly, White House spokeswoman Karoline Leavitt told Fox News' 'America Reports' program on Monday, amid protests in the country.Reuters
Mon, Jan 12
Meta to build gigawatt-scale computing capacity under Meta Compute effort
Jan 12 (Reuters) - Meta META.O will establish Meta Compute to construct tens of gigawatts of computing infrastructure this decade and hundreds of gigawatts more in the future, CEO Mark Zuckerberg said on Monday.Reuters
Mon, Jan 12
Russia's Shoigu talks with Iran security chief, condemns foreign interference, Interfax reports
MOSCOW, Jan 12 (Reuters) - Sergei Shoigu, secretary of Russia's Security Council, condemned in a conversation on Monday with a senior Iranian official what he described as a new attempt by foreign powers to interfere in Iran's internal affairs, Interfax news agency reported.Interfax said Sho...Reuters
Mon, Jan 12
Warner Bros Discovery Says Paramount Skydance Seeking To Distract With A "Meritless Lawsuit"
Jan 12 (Reuters) - WARNER BROS DISCOVERY: PARAMOUNT SKYDANCE IS SEEKING TO DISTRACT WITH A "MERITLESS LAWSUIT"WARNER BROS DISCOVERY: PARAMOUNT CONTINUES TO PROPOSE TRANSACTION THAT OUR BOARD CONCLUDED IS NOT SUPERIOR TO MERGER AGREEMENT WITH NETFLIXReuters
Mon, Jan 12
US court security, public defenders to receive funding boost in spending bill
By Nate Raymond Jan 12 (Reuters) - The U.S. federal judiciary is set to receive a boost in spending for court security and federal public defenders this fiscal year under a funding deal struck by leaders of the appropriations process in the U.S. Congress.A bipartisan proposal that was released on...Reuters
Mon, Jan 12
U.S. RESEARCH ROUNDUP-American Express, Ameriprise Financial, Mastercard
Jan 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including American Express Co, Ameriprise Financial and Mastercard, on Monday. HIGHLIGHTS American Express Co AXP.N: JP Morgan raises target price to $38...Reuters
Mon, Jan 12
Astronomers spot white dwarf star creating a colorful shockwave
Highly magnetized white dwarf is 730 light-years from EarthColors of shockwave represent gases in interstellar spaceScientists puzzled over mechanism for gas outflowBy Will Dunham WASHINGTON, Jan 12 (Reuters) - Astronomers have observed a white dwarf - a highly compact Earth-sized stellar ember -...Reuters
Mon, Jan 12
