Tag: fast
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Alan Greenspan, longtime US Federal Reserve chairman, dies aged 100
Greenspan, who was the Federal Reserve chairman from 1987 to 2006, oversaw the second-longest economic expansion in US history.
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Amazon Prime Day to gauge US consumer strain as focus shifts to basics
NEW YORK, June 22 : Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers’ spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs rather than carefree splurges.The four-day blitz running June 23 to
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SpaceX launches notes offering, discloses $100.8 billion cash balance
June 22 : SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held about $100.8 billion in cash and cash equivalents as of June 19.Elon Musk’s rockets-to-AI company debuted on the Nasdaq on June 12 after the record-setting $75 billion IPO, making it one of the world’s
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Germany defender Schlotterbeck out of World Cup with ankle injury
BOSTON, Massachusetts, June 22 : Germany central defender Nico Schlotterbeck will miss the rest of the World Cup and will be sidelined for several months after picking up an ankle ligament injury in their 2-1 Group E victory over Ivory Coast on Saturday, the team said on Monday.Schlotterbeck, a starting centr
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Chevron signs power supply deal with Microsoft for Texas data center
June 22 : Chevron said on Monday it has signed a 20-year deal with Microsoft to provide natural-gas fired power for a proposed data center in West Texas.Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers that would power AI services
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This upstart launched 35 ETFs in a day – and doesn’t plan to slow down
PROVIDENCE, RHODE ISLAND, June 22 : It took more than a decade for BlackRock, the world’s largest issuer of exchange-traded funds, to launch its first 300 products.Corgi Investments, the venture-capital-based asset manager, plans to repeat that feat in less than a year, the company tells Reuters.Corgi
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Oaktree-backed digital infra firm ITG aims to raise $429 million in US IPO
June 22 : Digital infrastructure firm ITG said on Monday it was aiming to raise as much as $429.3 million in its U.S. initial public offering.The Hendersonville, Tennessee-based company is offering 19.5 million shares priced between $19 and $22 apiece.ITG was bought by investment firm Oaktree Capital M
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Canadian lender TD tells some employees it will use software to monitor their work
TORONTO, June 19 : Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a recording of a te
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Swiss government throws weight behind 2038 Winter Olympics bid
ZURICH, June 22 : Switzerland’s government on Monday formally backed a bid to host the Olympic and Paralympic Winter Games in 2038, clearing another hurdle for the games to return to the Alpine country for the first time since 1948. A winter sports powerhouse, Switzerland is the frontrunner to host the 2038 g
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Chipmaking tool firm Nearfield Instruments raises $380 million at $1.6 billion valuation
SAN FRANCISCO, June 22 : Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on advanced semiconductors, said on Monday it raised $380 million in new funding, bringing its valuation to $1.6 billion.Nearfield makes devices called atomic force microscopes, which can take dir
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