by Reuters | Apr 24, 2024 | General
By David Shepardson WASHINGTON (Reuters) -TikTok’s chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by...
by Reuters | Apr 24, 2024 | General
By Saeed Azhar and Nupur Anand SALT LAKE CITY, Utah, NEW YORK (Reuters) -Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on Wednesday, bucking pressure from influential proxy advisers to bolster...
by Reuters | Apr 23, 2024 | General
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp’s stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street...
by Reuters | Apr 23, 2024 | General
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is “unbelievable,” Dimon said at an Economic Club of New York event on...
by Reuters | Apr 23, 2024 | General
(Reuters) – Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices on Monday. (Reporting by Akash Sriram in Bengaluru and Hyunjoo Jin in San Francisco; Editing by...