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How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a…
Investing

First the token, now the swipe: NYC’s subway system to stop selling MetroCards

The Metropolitan Transit Authority will stop selling and refilling those formerly-ubiquitous MetroCards by the end of the year in favor of the OMNY…
Investing

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run….
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC…
Investing

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

LONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a matter…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America

Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting…
Investing

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion. While soda consumption has broadly fallen over the last…
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