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Caesars Palace fined $7.8M over gambling by bookmaker linked to Ohtani’s interpreter

Nevada gaming regulators voted to fine Caesars Palace $7.8 million Thursday over failing to comply with anti-money laundering rules, settling a case that centered on an illegal bookmaker with ties to the former interpreter for the baseball star Shohei Ohtani. The Nevada Gaming Control ...
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Bill Ackman eyes IPO of hedge fund Pershing in early 2026, FT reports

(Reuters) -Billionaire investor Bill Ackman is aiming to publicly list hedge fund company, Pershing Square Capital Management, early next year, the Financial Times reported on Friday, citing two people briefed on the matter. The move would mark a significant milestone for the activist investor whose ...
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Fiery UPS plane crash could spell the end for MD-11 fleet if the repairs prove too costly

The fiery crash of a UPS plane shortly after its left engine flew off its wing and sparked a massive fire during takeoff could spell the end of the 109 remaining MD-11 airliners that have been exclusively hauling cargo for more than a decade. The ...
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More swings hit Wall Street, but this time stocks finish higher

NEW YORK (AP) - More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The ...
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Trump signs proclamation to ease regulations on some coke oven processing plants

(Reuters) -U.S. President Donald Trump signed a proclamation on Friday to ease regulatory requirements on certain coke oven processing plants, the White House said. Coke ovens are manufacturing plants or blast furnaces for making coking coal, a key raw material in steelmaking. The proclamation gives some ...
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Tyson Foods to close US beef plant as cattle supplies dwindle

By Tom Polansek CHICAGO (Reuters) -Tyson Foods will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday. Supplies are expected to remain tight for at least ...
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Mercedes F1 team principal Toto Wolff sells 15% stake to CrowdStrike CEO George Kurtz

LAS VEGAS (AP) - Mercedes team principal and part-owner Toto Wolff has sold 15% of his shareholding of the Formula 1 team to George Kurtz, the CEO and founder of cybersecurity company CrowdStrike. Mercedes said the deal makes Kurtz a co-owner of the team that ...
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Exxon freezes plans for major hydrogen plant amid weak customer demand

By Sheila Dang HOUSTON (Reuters) -Exxon Mobil has paused plans to build what would be one of the world's largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters in an interview on Friday. The suspension of the project, which had already ...
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Brazil hails US tariff rollback as ‘significant progress’ and seeks more exemptions

SAO PAULO (AP) - Brazil's Vice President Geraldo Alckmin on Friday hailed U.S. President Donald Trump's order to remove the additional import tariffs on some agribusiness products as "significant progress," but said the country will keep pushing for more exemptions. "We want to exclude more ...
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Ubisoft, Tencent agree 4 billion euro Vantage Studios tie-up

(Reuters) -Ubisoft said on Friday it has completed Tencent's investment in Vantage Studios, a new unit built around its Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six franchises. The deal values Vantage at a pre-money enterprise value of 3.8 billion euros ($4.37 billion) and ...
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Argentina did not discuss $20 billion bailout with banks, minister says

BUENOS AIRES (Reuters) -Argentine officials did not speak with U.S. banks about a $20 billion rescue package, the country's economy minister, Luis Caputo, said on Friday in a post on social media. Caputo made the comments after the Wall Street Journal reported on Thursday that ...
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Trump tariff relief leaves 22% of Brazil’s shipments still hit

BRASILIA (Reuters) -Brazil's government said on Friday that 22% of its exports to the United States remain subject to a 40% extra tariff after President Donald Trump expanded the list of exemptions to include goods such as coffee, meat and fruit. Those products are ...
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