(Reuters) -Rob Kindler, a top executive at Morgan Stanley, is leaving the investment bank after a 17-year stint to join a major law firm. The veteran dealmaker will join Paul, Weiss, Rifkind, Wharton[...]
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June 6, 2023
Sequoia to split off China, India/Southeast Asia businesses amid geopolitical tension
By Kane Wu, Julie Zhu and M. Sriram HONG KONG (Reuters) -U.S. venture capital giant Sequoia plans to split off its Chinese and Indian/Southeast Asian businesses into two independent firms, it said on[...]
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SEC files motion for restraining order to freeze Binance US assets
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Tuesday asked a federal court to issue a temporary restraining order to freeze the U.S. assets of cryptocurrency[...]
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US stocks end up as Fed, CPI loom large next week
By Sruthi Shankar, Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed up on Tuesday, helped by some advances in economically sensitive sectors, as investors awaited inflation dat[...]
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Court upholds Musk’s win in $13 billion lawsuit over Tesla-SolarCity deal
By Tom Hals (Reuters) -A trial court properly found that Tesla Inc CEO Elon Musk did not push the electric carmaker to overpay for SolarCity in 2016, the Delaware Supreme Court said on Tuesday, ending[...]
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US SEC sues crypto exchange Coinbase, one day after suing Binance
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency platform of operating illegally because it[...]
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Uber opens office for 1,000 more workers at Amsterdam headquarters
AMSTERDAM (Reuters) – Uber said on Wednesday it has opened a new office with space for 1,000 additional workers in Amsterdam, where the company has its international headquarters. The U.S. ride[...]
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Marketmind: Nervous eyes on China trade
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade figures for May top the Asia-Pacific economic data and events calendar on Wednesday with[...]
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Exclusive-Canada’s TC Energy laying off staff
By Nia Williams (Reuters) -Canada’s TC Energy is cutting some jobs to “optimize value” a company spokesperson said on Tuesday, without giving details of how many positions have been[...]
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