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Framer hits $2 billion valuation in latest funding round
Aug 28 (Reuters) - Website design platform Framer said on Thursday it had notched a valuation of $2 billion while raising $100 million in its latest funding round.The funding underscores the optimism among venture capitalists for technology and software-related startups, which are drawing investor d...Reuters
11 minutes ago
Walgreens names Mike Motz as CEO, goes private under Sycamore Partners
Aug 28 (Reuters) - Walgreens on Thursday named retail veteran Mike Motz as chief executive after the U.S. pharmacy chain was taken private by Sycamore Partners, marking a fresh chapter for the company that has been struggling to keep pace with rivals.The management shake-up follows the completion of...Reuters
13 minutes ago
Europeans launch UN sanctions process on Iran, letter says
Britain, France, Germany send letter to UN Security Council They hope the move will push Iran to make commitmentsTehran has warned of harsh response if sanctions reinstatedBy John Irish, Parisa Hafezi and Michelle Nichols PARIS/UNITED NATIONS, Aug 28 (Reuters) - Britain, France and Germany launch...Reuters
14 minutes ago
DIARY-Political and General News Events from August 28
Aug 28 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
16 minutes ago
Best Buy tops quarterly estimates on Nintendo Switch sales, AI tech demand
Maintains annual forecasts despite strong Q2 salesNintendo Switch 2 launch boosts Best Buy's salesCompany's mitigation strategies soften tariff impactWhite House open to feedback on tariff impacts, says CEOBy Savyata MishraAug 28 (Reuters) - Best Buy BBY.N topped Wall Street estimates for s...Reuters
16 minutes ago
Motor racing-Verstappen happy to see old teammate Perez returning to F1
ZANDVOORT, Netherlands, Aug 28 (Reuters) - Max Verstappen congratulated former Red Bull teammate Sergio Perez as soon as he heard the Mexican had secured a Formula One comeback with newcomers Cadillac next season, he revealed on Thursday.Perez partnered the four-times world champion at Red Bull from...Reuters
19 minutes ago
Kennedy says CDC must enact Trump's agenda
WASHINGTON, Aug 28 (Reuters) - U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. on Thursday said the Centers for Disease Control and Prevention must execute President Donald Trump's agenda, one day after the White House fired the health agency's director. The White...Reuters
21 minutes ago
Car maker Lotus to cut 550 jobs in UK amid global auto uncertainties
Aug 28 (Reuters) - Britain-based sportscar company Lotus said on Thursday it plans to reduce up to 550 roles across its business, months after denying reports of closure of a factory in eastern England.The company, which is majority owned by China's Geely GEELY.UL, said the restructuring plan fo...Reuters
25 minutes ago
Fed Governor Cook sues Trump after he attempted to fire her
Aug 28 (Reuters) - Federal Reserve Governor Lisa Cook filed a lawsuit on Thursday claiming U.S. President Donald Trump has no power to remove her from office, setting up a legal battle that could reset long-established norms for the U.S. central bank's independence.Reuters
30 minutes ago
Trees and logs charred by Eaton wildfire used to rebuild Los Angeles community
Business repurposes charred trees for rebuildingProject needs funding and workers, founder saysFires caused worst natural disaster in LA County historyBy Jorge GarciaLOS ANGELES, Aug 28 (Reuters) - Logs and fallen trees charred by the devastating Eaton wildfire in January that scorched more than 14,...Reuters
32 minutes ago
Germany's Merz says Russia's attack on EU building in Kyiv shows lack of scruples
BERLIN, Aug 28 (Reuters) - German Chancellor Friedrich Merz said on Thursday that Russia's attack on Kyiv that damaged the EU delegation's building in the Ukrainian capital shows Moscow's lack of scruples. "Russia showed its true colors again last night. We condemn the severe attacks...Reuters
32 minutes ago
Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems
Aug 28 (Reuters) - Ormat Technologies Inc ORA.N:ORMAT TECHNOLOGIES ANNOUNCES STRATEGIC COMMERCIAL AGREEMENT WITH SAGE GEOSYSTEMS INC.ORMAT TECHNOLOGIES INC - FOLLOWING COMPLETION CO GAINS RIGHTS TO DEVELOP PLANTS USING SAGE'S TECHNOLOGYReuters
33 minutes ago
UN chief condemns Russia's missile, drone attacks on Ukraine
UNITED NATIONS, Aug 28 (Reuters) - United Nations Secretary-General Antonio Guterres condemns Russia's deadly missile and drone attacks on Ukraine, spokesperson Stephane Dujarric said on Thursday.Guterres again called for a ceasefire leading to peace "that fully upholds Ukraine's soverei...Reuters
37 minutes ago
