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T-Mobile announces $14 billion buyback

(Reuters) -Telecom giant T-Mobile unveiled a $14 billion share buyback on Friday. The company in September had announced its plans to return…
Stock

Trump’s deportations could shake up the restaurant industry, but Wall Street isn’t worried

By Waylon Cunningham (Reuters) – Sweeping deportations pledged by President-elect Donald Trump could pose an economic shock for the restaurant industry in…
Stock

Broadcom rallies on forecast for booming AI chip demand

(Reuters) – Shares of Broadcom (NASDAQ:AVGO) soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after…
Stock

China’s credit growth slows despite stimulus efforts

In a surprising turn of events, China’s credit expansion in November did not meet expectations, signaling a weaker demand for financing despite…
Stock

European markets edge higher in wake of ECB rate cut; Munich Re soars

Investing.com — European markets edged higher Friday as investors digested regional economic weakness in the wake of the European Central Bank’s latest…
Stock

Parnassus Investments launches its first sustainable ETFs

By Suzanne McGee (Reuters) – Parnassus, one of the largest asset managers to offer products tied to environmental, social or governance considerations,…
Stock

Fuel theft, violence siphoning $215 million from Ecuador oil industry

By Alexandra Valencia ESMERALDAS/SANTO DOMINGO, Ecuador (Reuters) – Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador…
Stock

ServiceTitan Prices 8.8M Share IPO at $71/sh

ServiceTitan, Inc. (TTAN), the software platform that powers the trades, today announced the pricing of its initial public offering of 8,800,000 shares…
Stock

US senators, green groups call for accountability over hacking of Exxon critics

By Raphael Satter and Christopher Bing WASHINGTON – Two Democratic senators and a host of environmental groups have called for investigations and…
Stock

Nvidia denies rumours it will cut supplies to China

BEIJING (Reuters) – Nvidia (NASDAQ:NVDA) said recent social media posts alleging the company would cut supplies to China were false, according to…
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