By Helen Coster (Reuters) -CNN Chairman and Chief Executive Chris Licht has stepped down from the media company, effective immediately, parent company Warner Bros. Discovery said on Wednesday. The com[...]
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June 7, 2023
S&P 500, Nasdaq close lower as traders cash in on latest megacap rally
By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory on Wednesday as investors took profits after a months-long megacap stock[...]
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Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe
By Hannah Lang, Manya Saini and Niket Nishant (Reuters) -Coinbase Chief Executive Brian Armstrong on Wednesday hit back at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler over the age[...]
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Fox News says Tucker Carlson breached his contract -Axios
WASHINGTON (Reuters) -Fox News on Wednesday notified Tucker Carlson’s legal team that the former prime-time host violated his contract with the network when he launched his own Twitter show on T[...]
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Marketmind: Indian rates, Japan GDP in the spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate decision from India and revised Japanese GDP will be the big local drivers for Asian[...]
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Ryanair settles U.S. shareholder lawsuit over unionization comments
By Jonathan Stempel (Reuters) – Ryanair Holdings Plc and longtime Chief Executive Michael O’Leary reached a $5 million settlement of a lawsuit accusing them of defrauding shareholders by d[...]
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Air New Zealand raises full-year forecast on stronger demand, lower fuel prices
(Reuters) -Air New Zealand on Thursday upgraded its full-year forecast for earnings before other significant items and taxation for the second time on the back of strong demand and lower jet fuel pric[...]
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Nikola adjourns meeting to garner more support for share proposal
SAN FRANCISCO (Reuters) – Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal to increase the number of shares the electric truck maker is[...]
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Teva to pay Nevada $193 million over role in opioid epidemic
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries on Wednesday agreed to pay Nevada $193 million to settle claims that its marketing practices fueled opioid addiction, the state anno[...]
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