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Chevron to spend up to $19 billion next year in focus on US, Guyana oil production

By Sheila Dang HOUSTON, Dec 3 (Reuters) - Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and investments connected to a recently-acquired oil stake in Guyana. The ...
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Paramount raises breakup fee in Warner Bros bid to $5 billion, Bloomberg News reports

Dec 3 (Reuters) - Paramount Skydance has raised the proposed breakup fee in its bid to acquire Warner Bros Discovery to $5 billion from $2.1 billion, Bloomberg News reported on Wednesday, citing people familiar with the offer. The sum would be paid to Warner Bros ...
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Wikipedia seeks more AI licensing deals similar to Google tie-up, co-founder Wales says

Dec 3 (Reuters) - Wikipedia is working with Big Tech on deals similar to its arrangement with Google, the online encyclopedia's co-founder, Jimmy Wales, said on Wednesday, in a bid to help the firm monetize AI companies' heavy reliance on its content. Speaking in ...
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Tesla UK sales fall 19% in November, New Automotive data shows

Dec 4 (Reuters) - Tesla's UK car sales fell 19% year-on-year in November, preliminary data from research group New AutoMotive showed on Thursday, as the U.S. electric vehicle maker continues to lose ground in Europe to its Chinese rivals. After halving in October, the automaker's ...
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Tesla’s UK car sales fall in November, New Automotive data shows

By Alessandro Parodi Dec 4 (Reuters) - Tesla's UK car registrations fell by 19% in November, preliminary data from research group New AutoMotive showed on Thursday, following steep drops reported in other European markets for the month. November registrations, a proxy for sales, of Tesla cars ...
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OpenAI agrees to acquire AI startup Neptune to boost model training capabilities

Dec 3 (Reuters) - OpenAI has agreed to acquire Neptune, a startup that provides tools that help companies track their AI model training, the ChatGPT maker said on Wednesday. While OpenAI did not disclose the financial terms of the deal, The Information reported that ...
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Salesforce CEO vies to overcome investors’ AI skepticism while touting company’s quarterly numbers

SAN FRANCISCO (AP) - After riding the artificial intelligence craze to new heights, business software maker Salesforce has been pummeled by a wave of investor skepticism that's intensified the pressure on its persuasive CEO Marc Benioff to reverse the tide. Benioff, who helped spearhead the ...
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Morgan Stanley’s co-head of investment banking Assomull expects more financial M&A

NEW YORK, Dec 3 (Reuters) - Morgan Stanley is seeing a strong deals pipeline across sectors for next year, including M&A and IPO transactions, the bank's co-head of investment banking, Mo Assomull, said at a Reuters Next panel on Wednesday. Assomull said more demand for ...
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Snowflake beats revenue estimates, signs $200 million AI deal with Anthropic

Dec 3 (Reuters) - Snowflake reported third-quarter revenue above analysts' estimates on Wednesday and signed a $200 million partnership with artificial intelligence firm Anthropic to deepen AI integration across its data cloud platform. Businesses have been implementing generative AI strategies and building applications that leverage ...
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Trading Day: Fed hopes fire risk rally

By Jamie McGeever ORLANDO, Florida, Dec 3 (Reuters) - Stocks rose while U.S. bond yields and the dollar fell on Wednesday, after surprisingly weak private sector jobs data increased the likelihood that the Federal Reserve will lower interest rates again next week. More on that ...
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Americans gave $4B on GivingTuesday 2025 as donations and volunteering gain big over last year

Americans gave $4 billion to nonprofits on GivingTuesday in 2025, an increase from the $3.6 billion they gave in 2024, according to estimates from the nonprofit GivingTuesday. More people also volunteered their time on the Tuesday after Thanksgiving this year, which fell on Dec. ...
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Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports

Dec 3 (Reuters) - Bond investors have expressed concerns to the U.S. Treasury that Kevin Hassett could aggressively cut interest rates to align with President Donald Trump's preferences, the Financial Times reported on Wednesday, citing several people familiar with the conversations. The discussions with executives ...
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