By Milana Vinn (Reuters) – Ontario Teachers’ Pension Plan is exploring a potential sale of Mitratech that could value the provider of legal and compliance software at more than $4 billion, including debt, according to people familiar with the matter. Ontario Teachers’ has tapped investment bankers at Lazard to launch a sale process for Mitratech,…
By Anna Tong, Akash Sriram SAN FRANCISCO (Reuters) -ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of urgency for the United States to beat China in the global AI race. “As news emerged…
SANTO DOMINGO (Reuters) – U.S. Secretary of State Marco Rubio said on Thursday that Gaza currently is “not habitable” due to dangers such as unexploded weapons, and that people would have to live elsewhere while the area is rebuilt. Rubio, answering a reporter’s question during a visit to the Dominican Republic, encouraged other countries to…
By Jack Queen (Reuters) – The U.S. Treasury Department has agreed not to give Elon Musk’s government efficiency agency access to its payment systems while a judge hears arguments in a lawsuit alleging the billionaire adviser to U.S. President Donald Trump illegally searched them. The deal struck on Wednesday night by Treasury and a group…
(Reuters) – Trump Media and Technology Group said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF. Trump Media and Technology Group (TMTG) is yet to…
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico. U.S. President Donald Trump on Saturday announced…
WASHINGTON (Reuters) -Agents working for billionaire Elon Musk have accessed highly restricted government records on millions of federal employees maintained by the Office of Personnel Management, the Washington Post reported on Thursday, citing four U.S. officials with knowledge of the developments. The records accessed by Musk’s Department of Government Efficiency (DOGE) included Treasury and State…
By Steve Holland and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump will meet with the CEOs of U.S. Steel and FedEx on Thursday, White House officials said. Nippon Steel’s bid to acquire U.S. Steel was blocked last month by then-President Joe Biden, citing national security concerns. U.S. Steel CEO David Burritt has appealed to…
WASHINGTON (Reuters) – U.S. Defense Secretary Pete Hegseth said on Wednesday that the Pentagon was prepared to look at all options when it came to Gaza, a day after President Donald Trump said that he would like the U.S. to take control of and redevelop the Gaza Strip. “I would just say, on the question…
By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk’s $44 billion acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal. The acquisition was funded by a $6.5 billion secured term…
