By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into shorter-dated options contracts, boosting trading volumes in the options market to new highs while sparking concerns about a p[...]
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February 22, 2023
Trade group argues U.S. SEC case unfairly labels crypto as securities
By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase e[...]
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Third Point to launch proxy fight against Bath & Body Works – WSJ
(Reuters) – Third Point LLC plans to launch a proxy fight against Bath & Body Works Inc to address excessive executive pay and the company’s lagging financial performance, the Wall Str[...]
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Volaris airline hopeful Mexico regains top safety rating in 6 months
By Kylie Madry and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexican low-cost carrier Volaris is “optimistic” the country will recover the Category 1 safety rating, which allows airline[...]
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Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a point at its next th[...]
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Explainer-How Microsoft is addressing antitrust concerns over Activision deal
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has thrown the gauntlet down over antitrust criticisms, saying on Tuesday it is ready to offer rivals licensing deals in exchange for regulatory ap[...]
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Chipmaker Intel cuts dividend to lowest since 2007 to save cash
(Reuters) -Intel Corp on Wednesday cut its dividend payout to its lowest in 16 years and decided to scale back big investments to save cash amid slowing demand for its chips used in personal computers[...]
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U.S. Justice Dept details policy to urge companies to report wrongdoing
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice on Wednesday unveiled new guidelines to encourage companies to voluntarily report criminal conduct, offering incentives to[...]
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U.S. Supreme Court raises doubts about suit against Twitter over Istanbul massacre
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court justices expressed skepticism on Wednesday toward a lawsuit against Twitter Inc by the family of a Jordanian man killed in[...]
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