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UniCredit bought less than 4% stake in Generali, Bloomberg reports
UniCredit (UNCRY) has built a stake of less than 4% in Assicurazioni Generali (ARZGY), Sonia Sirletti and Tiago Alfaro of Bloomberg reports, citing people familiar with the matter. The lender ...
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Stellantis CSO, others step down as part of management shakeup, Bloomberg says
Bloomberg News reports, citing people familiar with the matter. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks ...
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Exxon, Chevron betting part of their future in supplying energy, Bloomberg says
Kevin Crowley of Bloomberg reports. Those plans, however, took a significant knock after the release of DeepSeek’s AI model, which uses a fraction of the power required to run the AI models ...
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Barclays customers experience third day of disrupted services, Bloomberg says
Barclays (BCS) customers are facing a third day of disrupted services following an IT problem, Rob Freeman, Rosie Shead and Danielle Desouza of Bloomberg report. On Friday, online and mobile ...
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Starbucks, union to bring in mediator for contract talks, Bloomberg reports
Starbucks (SBUX) and its union have agreed to include an outside mediator for contract talks in an attempt to revive negotiations on a landmark pact, which have stalled, Bloomberg’s Josh ...
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Vertex Pharmaceuticals’ non-opioid painkiller approved by FDA, Bloomberg says
17:51 EST Vertex Pharmaceuticals (VRTX)’ non-opioid painkiller approved by FDA, Bloomberg says Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
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Honda efforts to absorb Nissan may undermine motorcycle business, Bloomberg say
Honda Motor’s (HMC) efforts to strengthen its car sales by absorbing Nissan Motor (NSANY) could undermine the company’s motorcycle business, Nicholas Takahashi of Bloomberg reports.
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George Weiss sues Jefferies for $250M in damages, Bloomberg says
The suit seeks at least $250M in damages for alleged libelous and slanderous statements critical of how Weiss lead Weiss Multi-Strategy Advisers, according to Bloomberg. Published first on TheFly ...
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Apple cancels plans to build Mac-connected AR glasses, Bloomberg reports
according to Bloomberg’s Mark Gurman. The company shuttered the program this week, people with knowledge of the move. Apple is still working on other AR-related projects, including updated ...
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FTC probing Uber, Lyft over NYC driver pay, Bloomberg reports
The Federal Trade Commission is probing whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit driver pay in New York City, Leah Nylen and Natalie Lung of Bloomberg report, citing ...