NEW YORK (Reuters) – Gaming company Roblox plans to launch its immersive digital worlds platform on Sony’s PlayStation devices in October, giving it access to the hundreds of millions of p[...]
Read more
September 8, 2023
Kroger to pay up to $1.4 billion to resolve US opioid lawsuits
By Nate Raymond (Reuters) -Kroger on Friday said it would pay as much as $1.4 billion to resolve thousands of lawsuits by U.S. states, local governments and Native American tribes claiming the superma[...]
Read more
Stock market drives U.S. households to record wealth
(Reuters) -A surging stock market powered U.S. household wealth to a record high of more than $154 trillion in the second quarter, aided by a rebound in property values, Federal Reserve data out on Fr[...]
Read more
FTC ruling cites deceptive advertising by TurboTax software maker Intuit
WASHINGTON (Reuters) -The Federal Trade Commission’s (FTC) administrative law judge ruled on Friday that Intuit Inc., the maker of the popular TurboTax tax filing software, engaged in deceptive[...]
Read more
UBS executives sold over $15 million shares in September
(Reuters) – UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to filings on the SIX stock exchange website. Since the start of Sept[...]
Read more
Fed policymakers to sit tight on rates, debate if more is needed
By Ann Saphir (Reuters) – Ahead of their policy-setting meeting this month, Federal Reserve policymakers have been pretty clear about two things: They are not itching to raise interest rates, bu[...]
Read more
Fed’s Barr says central bank ‘a long way’ from any decision on issuing digital currency
By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve’s top regulatory official said on Friday the central bank is “a long way” from any decision on whether it would issue its[...]
Read more
Congress to hold new AI hearings as it works to craft safeguards
By David Shepardson WASHINGTON (Reuters) -Congress next week will hold three hearings on artificial intelligence, including one with Microsoft President Brad Smith and Nvidia chief scientist William D[...]
Read more
Virgin Voyages raises $550 million in Ares Management-led fundraise
(Reuters) – Virgin Voyages, the cruise brand from Richard Branson’s Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets. The f[...]
Read more