(Reuters) – Carnival Corp and Royal Caribbean Cruises on Tuesday said they would appeal a U.S. court ruling ordering them and two other cruise operators to pay $110 million each in damages for u[...]
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January 3, 2023
Amazon secures $8 billion term loan
(Reuters) -Amazon.com Inc said on Tuesday it had reached an agreement with certain lenders to provide the e-commerce giant an $8 billion unsecured loan. The term loan will mature in 364 days, with an[...]
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Goldman Sachs’ consumer banking unit head steps down – memo
(Reuters) – The head of Goldman Sachs Group Inc’s direct-to-consumer unit, Swati Bhatia, is stepping down from the role, according to an internal note seen by Reuters. Bhatia, a former Pay[...]
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Ex-CFO pleads guilty to stealing from SPACs to trade meme stocks, cryptocurrencies
By Jonathan Stempel NEW YORK (Reuters) – A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from the[...]
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New York man sentenced to 2 years for conspiring to steal GE secrets for China
By Kanishka Singh WASHINGTON (Reuters) -A New York man was sentenced on Tuesday to two years in prison for conspiring to steal General Electric Co’s trade secrets to benefit China, the U.S. Just[...]
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Rivian stock less bruised than Tesla as both miss EV targets
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late[...]
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Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global equities rally in a macro-packed week that could offer a[...]
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Tesla shares suffer New Year’s hangover on demand worries, delivery issues
By Aditya Soni and Eva Mathews (Reuters) -Tesla Inc shares kicked off 2023 with a thud, plunging more than 12% on Tuesday on growing worries about weakening demand and logistical problems that have ha[...]
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Southwest reports progress on flights, refunds, White House watching
By David Shepardson WASHINGTON (Reuters) – Southwest Airlines on Tuesday said it was making “solid progress” in efforts to return operations to normal after cancelling nearly 16,000[...]
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