By David Shepardson (Reuters) – The head of the United Auto Workers, which represents 150,000 U.S. hourly workers at General Motors, Ford Motor and Chrysler-parent Stellantis, said the union is[...]
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July 11, 2023
Generative AI comes to Nasdaq, winning over engineers
By Jeffrey Dastin AUSTIN (Reuters) -Months since ChatGPT’s debut, engineers and marketers at the stock exchange operator Nasdaq are embracing newer artificial intelligence, while its lawyers are[...]
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Bank of America to pay over $250 million over junk fees, other issues
By Chris Prentice (Reuters) -Bank of America on Tuesday agreed to pay $250 million in fines and compensation to settle claims the bank systematically double-charged customers fees, withheld promised c[...]
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Factbox – What’s next after US judge rules in favor of Microsoft-Activision deal?
(Reuters) – Microsoft cleared a major hurdle in its planned $69 billion purchase of videogame maker Activision Blizzard, as a judge gave a thumbs-up to the proposed deal a week before the July 1[...]
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Exclusive-TikTok parent ByteDance to allow US staff to cash out on shares -sources
By Echo Wang NEW YORK (Reuters) -ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by U.S. employees to vest without waiting for the company to list in the stock market,[...]
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Marketmind: Markets upbeat, China cheer at last
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The mood across Asia at the midpoint of the week is increasingly upbeat,[...]
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FTC would face tough appeal of Microsoft-Activision order -experts
By Mike Scarcella (Reuters) – The U.S. Federal Trade Commission would face hurdles in any appeal of a court’s order on Tuesday that said Microsoft could move forward with its $69 billion a[...]
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Kim Kardashian in talks to buy back beauty firm stake from Coty – WSJ
(Reuters) -Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm from the fragrance and cosmetics company, the Wall Street Journal reported on Tuesday, citing people fam[...]
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US court revives lawsuit against Royal Caribbean over toddler’s death
By Jonathan Stempel (Reuters) – A federal appeals court on Tuesday revived a lawsuit against Royal Caribbean Cruises by the parents of an 18-month-old girl who died after slipping through her gr[...]
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