Finance

Brazil’s Bolsonaro Sentenced to 27 Years in Prison for Plotting Coup

Brazil’s Bolsonaro Sentenced to 27 Years in Prison for Plotting Coup

Former Brazilian President Jair Bolsonaro under house arrest in Brasilia on Sept. 3. (Bloomberg) — Brazil’s Supreme Court sentenced Jair Bolsonaro to 27 years and three months in pri...

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Bank of America says these 3 beaten-down small-cap stocks are poised for a comeback

Bank of America says these 3 beaten-down small-cap stocks are poised for a comeback

Traders work on the floor of the New York Stock Exchange.Michael M. Santiago/Getty Images The small-cap sector of the stock market has been rising recently. While some experts see obstac...

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Dollar on back foot as jobless claims firm up Fed rate cut views

Dollar on back foot as jobless claims firm up Fed rate cut views

By Gregor Stuart Hunter SINGAPORE (Reuters) -The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Fed...

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OpenAI gets Microsoft OK for restructure, IPO plans

OpenAI gets Microsoft OK for restructure, IPO plans

Microsoft and OpenAI said Thursday that they have signed a non-binding agreement that could allow the artificial intelligence startup to restructure and eventually go public, potentially resolving...

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Hyundai battery plant faces at least 2-3 month startup delay following raid, CEO says

Hyundai battery plant faces at least 2-3 month startup delay following raid, CEO says

By Nora Eckert DETROIT (Reuters) -A battery plant co-owned by Hyundai Motor is facing a minimum startup delay of two to three months following an immigration raid last week, Hyundai CEO Jose Muno...

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OpenAI, Nvidia set to announce UK data center investments, Bloomberg News reports

OpenAI, Nvidia set to announce UK data center investments, Bloomberg News reports

(Reuters) –OpenAI and Nvidia plan to pledge support for billions of dollars in UK data center investments when they head to the country next week at the same time as U.S. President Donald T...

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