By Tom Hals WILMINGTON, Del. (Reuters) -A trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the co[...]
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February 21, 2023
BlackRock ‘overweights’ Treasuries, emerging markets stocks
(Reuters) -BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to “overweight” on Tuesday, saying investors were real[...]
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Biden admin won’t veto ITC’s Apple Watch import ban ruling
By Blake Brittain (Reuters) -The Biden Administration will not overrule a U.S. International Trade Commission decision that could block imports of Apple Inc’s Apple Watches for infringing AliveC[...]
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Coinbase swings to quarterly loss as crypto winter hits trading volume
By Manya Saini (Reuters) -Coinbase Global Inc reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange came under pressure from an industry-wide downturn triggered b[...]
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Chemical maker INEOS makes U.S. shale bet with $1.4 billion Chesapeake deal
(Reuters) -Chemical maker INEOS is entering into U.S. oil and gas production for the first time, agreeing to purchase assets in South Texas from Chesapeake Energy Corp for $1.4 billion, the companies[...]
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Japan manufacturers gloomy as global slowdown hurts – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Big manufacturers in Japan remained gloomy in February and the service-sector mood slid for a second straight month, a Reuters’ poll showed, a sign t[...]
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Societe Generale to pay $157 million to resolve Allen Stanford fraud lawsuit
By Jonathan Stempel (Reuters) – Societe Generale SA agreed to pay $157 million to settle a lawsuit accusing the French bank and several other banks of contributing to imprisoned Ponzi schemer Al[...]
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Global stocks fall, U.S. yields rise on higher interest rate outlook
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields hit new highs on Tuesday as investors weighed the prospects of a longer-than-anticipated stiff monetary polic[...]
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AMC shareholders sue company over vote to add shares
(Reuters) – AMC Entertainment Holdings Inc shareholders have filed a lawsuit in Delaware accusing the movie theater chain of bypassing them in a bid to increase the number of shares. Allegheny C[...]
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