US equity funds gain sixth weekly inflow on Fed rate cut expectations U.S. investors snapped up equity funds for a sixth consecutive week through Dec. 11, spurred by the potential for a Federal Reserve interest rate cut at the upcoming meeting, amid signs of a ... 12/12/2024 - 11:23 pm | View Link
US equity funds gain inflows for third week in a row According to data compiled by LSEG, investors acquired U.S. equity funds of a net $2.98 billion during the week, booking a significantly smaller weekly net purchase compared with about $37.42 billion ... 11/22/2024 - 6:02 am | View Link
Honda and Nissan said on Monday that they are starting merger talks. Josh Lefkowitz via Getty ImagesHonda's shares soared by as much as 17% when local markets opened on Tuesday. The automaker said on Monday that it was starting merger discussions with struggling rival Nissan. Honda also announced a $7 billion stock buyback program.
Telegram's CEO says the company is now profitable. Jaap Arriens/NurPhoto via Getty Images; AOP. Press/Corbis via Getty ImagesTelegram is profitable after 11 years, thanks to ads and premium subscriptions, its CEO said. The platform's revenue exceeded $1 billion, with $500 million in cash reserves. Telegram faces global scrutiny over misinformation and its lack of content moderation.
The UK Defense Ministry said the RFDEW was live-tested in West Wales about seven months after it announced the development of the weapon. UK Defense MinistryThe UK said it has live-fired its new anti-drone radio weapon that costs only about 10 pence to fire. It's been heralding such weapons as a cheap alternative to missile-based systems for killing drones.