Category: Business

J.P. Morgan Asset Management Launches Its Largest Active ETF 

June 25 By Pritam Biswas and Niket Nishant J.P. Morgan Asset Management launched its largest active exchange-traded fund on Wednesday, anchored by a $2 billion investment from an external client, as the company expands its push into a strategy that is making a strong comeback….

Trump Says US and China Negotiated ‘Total Reset’ in Geneva Talks 

May 10 By David Brunnstrom U.S. President Donald Trump hailed talks with China in Switzerland on Saturday, saying the two sides had negotiated “a total reset … in a friendly, but constructive, manner.” “A very good meeting today with China, in Switzerland. Many things discussed,…

Global, US Stocks Fall; Oil, Gold Rise Over 1% on Geopolitical Risk 

Dec. 8 By Chris Prentice and Amanda Cooper Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil and gold prices more than…

Bitcoin Storms Above $100,000 as Trump 2.0 Fuels Crypto Euphoria 

Dec. 4 By Reuters Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. Once it…

Samsung Ordered to Pay $118 Million for Infringing Netlist Patents 

Nov. 22 By Blake Brittain A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products. The verdict follows a $303 million…