Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hot jobs report, rising rates send Wall Street's tech favorites sprawling
NEW YORK, June 5 (Reuters) - Wall Street's best run in three years ended unhappily on Friday, with investors taking flight from hot technology shares, safe government bonds and gold alike following a ...
Thomson Reuters Jun 05, 2026
Chip selloff erases over $1 trillion in stock market value
By Noel Randewich June 5 (Reuters) - U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and Adv...
Thomson Reuters Jun 05, 2026
SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO
June 5 (Reuters) - SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet's Google, locking in computing capacity as it prepares for its highly anticipated U.S. ...
Thomson Reuters Jun 05, 2026
SpaceX IPO running at two times oversubscribed, sources say
By Isla Binnie and Echo Wang NEW YORK, June 5 (Reuters) - SpaceX has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people famil...
Thomson Reuters Jun 05, 2026
Trump says his team will 'look into' US taking stake in AI companies
WASHINGTON, June 5 (Reuters) - U.S. President Donald Trump told reporters on Friday that his team is looking into the idea of AI companies giving the American public a stake in their firms, adding tha...
Thomson Reuters Jun 05, 2026
US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say
By Jody Godoy June 5 (Reuters) - California, New York and other U.S. states are preparing a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros, sources familiar with the mat...
Thomson Reuters Jun 05, 2026
Saks Global wins court approval for bankruptcy restructuring
By Dietrich Knauth NEW YORK, June 5 (Reuters) - Saks Global received court approval for its bankruptcy restructuring on Friday, clearing the luxury retailer to exit from Chapter 11 with a smaller stor...
Thomson Reuters Jun 05, 2026
New York passes bill banning prices based on personal data
By Jody Godoy June 5 (Reuters) - New York state lawmakers on Thursday passed a ban on businesses setting individualized prices for consumers based on their personal data, in the strongest move yet by ...
Thomson Reuters Jun 05, 2026
Law firm Morgan & Morgan explores stake sale, eyes long-term IPO, sources say
By Sabrina Valle and Milana Vinn NEW YORK, June 5 (Reuters) - Morgan & Morgan, the largest U.S. personal injury law firm, has hired JPMorgan to explore a minority stake sale that could pave the way fo...
Thomson Reuters Jun 05, 2026
Why SpaceX faces a longer wait to join S&P 500
By Shashwat Chauhan and Johann M Cherian June 5 (Reuters) - SpaceX's entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in ...
Thomson Reuters Jun 05, 2026
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