By Luc Cohen NEW YORK (Reuters) -U.S. prosecutors on Wednesday unveiled an indictment charging a second former executive of college financial aid startup Frank with defrauding JPMorgan Chase into buyi[...]
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July 12, 2023
US economy shifts into disinflation mode; consumer prices rise modestly
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation subsided further, but probab[...]
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Fed’s Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden’s three Federal Reserve Board nominees, including his pick to fill the influential Fed vice chair post, advanced[...]
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Countries agree to extend digital services tax freeze through 2024
PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace them[...]
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Twitter owes ex-employees $500 million in severance, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid[...]
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Hollywood studios, actors agree to mediation as strike deadline looms
By Lisa Richwine LOS ANGELES (Reuters) -Negotiators for the SAG-AFTRA actors union agreed late Tuesday to call in a federal mediator to try to forge a last-minute agreement with Hollywood studios and[...]
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Roblox beta comes to Meta’s Quest VR headsets
(Reuters) – Roblox Corp’s eponymous online game will soon be available on Meta Platforms’ Quest virtual reality (VR) headsets, according to a blog post by Meta on Wednesday. The game[...]
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US to decide on GM request to deploy self-driving cars
By David Shepardson WASHINGTON (Reuters) -U.S. regulators will soon decide on a petition filed by General Motors’ Cruise self-driving technology unit seeking permission to deploy up to 2,500 sel[...]
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Domino’s to start using Uber for food orders, shares surge
By Granth Vanaik and Juveria Tabassum (Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the chain said customers can start using Uber’s Uber Eats and Postmates apps for orders[...]
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