By Mike Scarcella WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday declined to hear a bid by a New York lawyer to restrict how much money federal prosecutors can take from his 401(k) retirement[...]
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May 30, 2023
Former Wells Fargo exec settles SEC fraud charges, to pay $3 million
By Kanishka Singh WASHINGTON (Reuters) -The former head of Wells Fargo & Co’s retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges f[...]
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New Zealand-UK free trade agreement to start benefiting exporters -NZ PM
By Lucy Craymer WELLINGTON (Reuters) – New Zealand companies will start to benefit from the country’s new free trade agreement (FTA) with the United Kingdom with the pact now in force, the gover[...]
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Factbox-How megacap stocks fared after hitting $1 trillion in market cap
NEW YORK (Reuters) – A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club: U.S. companies that have reached $1 trillion in market value. Nvidia’s market ca[...]
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Despite Nvidia’s rally, some say the stock is actually cheaper
By Sinéad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp’s blistering rally in recent days, the chip developer’s valuation has actually fallen, at least[...]
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U.S. holiday air passenger travel tops 2019 pre-COVID levels
By David Shepardson WASHINGTON (Reuters) -U.S. holiday air passenger travel topped 2019 pre-COVID levels over the Memorial Day weekend, which typically marks the start of the busy U.S. summer air trav[...]
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Marketmind: All eyes on China’s PMIs
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian market focus on Wednesday turns to Chinese purchasing managers index figures, which will give th[...]
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Hewlett Packard Enterprise misses quarterly revenue estimates
(Reuters) – Hewlett Packard Enterprise Co missed Wall Street estimates for second-quarter revenue on Tuesday, as clients scale down spending on tech, including cloud services, amid an economic s[...]
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Noncompete agreements violate US labor law, official says
By Daniel Wiessner (Reuters) – A U.S. labor board official on Tuesday said requiring workers to sign agreements not to join competing companies is usually illegal, the latest bid by government r[...]
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