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US business equipment borrowings down more than 4% y/y in November, ELFA says
Reuters· 2025-12-22 20:02
U.S. companies borrowed 4.4% less to finance equipment investments in November compared with the same period a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. ...
South Korea online retailer Coupang faces US securities class action over massive data breach
Reuters· 2025-12-22 18:44
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of mo... ...
FanDuel, CME Group launch prediction markets in five US states
Reuters· 2025-12-22 18:13
Sports betting firm FanDuel and derivatives exchange heavyweight CME Group on Monday announced the launch of their prediction markets platform in five U.S. states, as the red-hot asset class continues... ...
United Launch Alliance CEO Tory Bruno resigns
Reuters· 2025-12-22 18:07
Tory Bruno has resigned as United Launch Alliance's chief executive officer after leading the space venture for nearly 12 years, the firm said on Monday. ...
Lawmakers want US to disclose any approvals of Nvidia H200 China licenses
Reuters· 2025-12-22 17:58
Two senior Democratic lawmakers on Monday asked the U.S. Commerce Department to disclose details and any approvals of ongoing license reviews for potential sales to Chinese firms of Nvidia's second-mo... ...
Waymo resumes San Francisco service after power outage pause
Reuters· 2025-12-22 17:45
Alphabet unit Waymo said on Monday it resumed its ride-hailing service in the San Francisco Bay Area on Sunday, a day after temporarily suspending operations due to a widespread power outage that snar... ...
Coinbase doubles down on prediction markets with deal for The Clearing Company
Reuters· 2025-12-22 16:28
Coinbase said on Monday it will buy prediction markets startup The Clearing Company, as the crypto exchange looks to expand beyond its core digital assets business. ...
Mercedes Benz agrees to $149.6 million settlement with US states over excess diesel emissions
Reuters· 2025-12-22 16:17
Mercedes Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German automaker, New York Attorney ... ...
Mercedes reaches $120 million settlement with US states over emissions scandal
Reuters· 2025-12-22 16:15
Mercedes-Benz said on Monday it will pay out $120 million to multiple U.S. states over emissions-rigging software in its vehicles, which the German carmaker says resolves the remaining Dieselgate proc... ...
Warner Bros bidding war and red hot M&A market has dealmakers working through holidays
Reuters· 2025-12-22 16:13
Core Viewpoint - A significant increase in multi-billion-dollar deals is prompting bankers and advisers to prioritize work over holiday vacations, indicating a busy period in the investment banking sector [1] Group 1 - The surge in deal-making activity is leading financial professionals from Wall Street to Canary Wharf to prepare for a demanding schedule [1] - Bankers and advisers are packing laptops alongside holiday presents, highlighting the urgency and importance of ongoing transactions [1] - The upcoming two weeks will see many professionals cut short their holiday plans to accommodate the influx of deals [1]