By Ernest Scheyder (Reuters) -General Motors Co will invest $650 million in Lithium Americas Corp and help it develop Nevada’s Thacker Pass lithium mining project, which holds enough of the batt[...]
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January 31, 2023
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) – The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of mill[...]
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Biden White House, McCarthy dig in ahead of debt meeting
By Trevor Hunnicutt and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy won’t come to their first meeting over raising the[...]
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Tinder gets swiped left as Match’s forecast disappoints
By Vansh Agarwal and Shreyaa Narayanan (Reuters) -Match Group Inc on Tuesday forecast first-quarter revenue below expectations after Tinder, the face of online dating, became a sore point in 2022 and[...]
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Crypto lender Celsius propped up its token, benefiting insiders -U.S. bankruptcy examiner
By Rae Wee, Elizabeth Howcroft, Alun John and Dietrich Knauth SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token whil[...]
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Tokyo booms for shareholder-relations advisers as activists raise pressure
By Makiko Yamazaki TOKYO (Reuters) – A rising wave of shareholder activism has turned Tokyo into a growth market for businesses that offer advice on shareholder relations, as corporate Japan scr[...]
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Refunds, flights in U.S. lawmaker proposals to protect air passengers after meltdowns
By David Shepardson WASHINGTON (Reuters) -U.S. air passengers would be offered refunds for delayed flights and transportation on rival carriers under sweeping consumer protections proposed on Tuesday[...]
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Electronic Arts cuts bookings view on ‘Star Wars’ game delay, spending slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday, as the videogame publisher delayed the release of a title based on the “Star Wars[...]
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U.S. Justice Department seeks Tesla driver-assist documents
By Akash Sriram and David Shepardson WASHINGTON (Reuters) – Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot d[...]
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