by iwd | Jul 2, 2024 | General
By Jonathan StempelNEW YORK (Reuters) – A U.S. appeals court threw out the dismissal of an antitrust lawsuit accusing 10 large banks of overcharging investors on corporate bonds, saying the trial judge should have been recused because his wife owned stock in one...
by iwd | Jul 2, 2024 | Business
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News reported on Tuesday, citing people familiar with the matter. The commission-free trading app is hoping to use the licenses of...
by iwd | Jul 2, 2024 | Business
(Reuters) – General Motors on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to daily rental companies and a cyber incident at CDK that impacted dealers across the country.Overall sales rose about 0.6% to 696,086 units,...
by iwd | Jul 2, 2024 | Business
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical clinics, Fortune reported on Tuesday, citing multiple sources familiar with the matter. In April, Walmart decided to close all 51 of its health clinics and shut its...
by iwd | Jul 1, 2024 | Business
(Reuters) -Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, ending the near-two-decade independence of the world’s largest standalone aerostructures company.Boeing’s arch-rival, Airbus, which became a Spirit customer after Boeing...
by iwd | Jul 1, 2024 | Business
(Reuters) – Artificial intelligence-focused companies, mostly chipmakers, saw big gains in their market capitalization at the end of June, with Nvidia briefly overtaking Microsoft to become the most valuable company in the world. Nvidia shares rose as much as...
by iwd | Jul 1, 2024 | Business
By Akash Sriram and Hyunjoo Jin(Reuters) – Tesla’s June-quarter deliveries likely fell 3.7%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a lack of...
by iwd | Jul 1, 2024 | Business
By Foo Yun CheeBRUSSELS (Reuters) -Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the U.S. company’s newly introduced pay or consent advertising model, already the target of...
by iwd | Jun 29, 2024 | General
By Tim ReidCHESAPEAKE, Virginia (Reuters) – Donald Trump said on Friday that his supporters prosecuted for their actions in the Jan. 6, 2021, attack on the U.S. Capitol should be freed, citing a Supreme Court ruling in favor of a man who challenged an...
by iwd | Jun 29, 2024 | Business
By Greg Bensinger and Krystal Hu(Reuters) -Amazon.com hired away artificial intelligence startup Adept’s co-founders and some of its team in a move that echoes one by rival Microsoft, as it seeks to battle a perception that it is playing catchup to its rivals in...
