Wealth Growth Daily

December 16, 2023

US court orders new FTC review of Illumina’s Grail deal

BY Reuters  • December 16, 2023December 16, 2023
By Diane Bartz and Mike Scarcella (Reuters) -A U.S. appeals court on Friday struck down a Federal Trade Commission order against Illumina’s purchase of cancer diagnostic test maker Grail, a form[...]
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Uncategorized Updated

Teamsters authorize strike at Anheuser-Busch’s US breweries

BY Reuters  • December 16, 2023December 16, 2023
(Reuters) – The Teamsters union said on Saturday that 99% of its members had voted to authorize a strike at brewer Anheuser-Busch’s U.S. breweries. The union is seeking an agreement that w[...]
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Elon Musk says oil and gas should not be demonised

BY Reuters  • December 16, 2023December 16, 2023
By Francesca Landini ROME (Reuters) -Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday, but he also said it was important to[...]
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Uncategorized Updated

Robinhood woos wealthier clients from bigger brokerages- WSJ

BY Reuters  • December 16, 2023December 16, 2023
(Reuters) – Robinhood Markets is attracting customers from other brokerages, and is seeking to expand beyond its base of young, first-time investors, the Wall Street Journal reported on Saturday[...]
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U.S. SEC Says No to New Crypto Rules; Coinbase Asks Court to Review

BY Reuters  • December 16, 2023December 18, 2023
By Chris Prentice, Michelle Price and Mike Scarcella WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency[...]
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NEWSLETTER Updated

Activision to pay $50 million to settle workplace discrimination lawsuit

BY Reuters  • December 16, 2023December 16, 2023
(Reuters) -Activision Blizzard will pay roughly $50 million to settle a 2021 lawsuit by a California regulator that alleged the videogame maker discriminated against women employees, including denying[...]
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Uncategorized Updated

Meta, TikTok report jump in Malaysia govt requests to remove content in 2023

BY Reuters  • December 16, 2023December 16, 2023
By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) -Facebook-owner Meta and China’s TikTok restricted a record number of social media posts and accounts in Malaysia in the first six month[...]
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Uncategorized Updated

Exxon’s low US tax payments ruffle Biden’s climate agenda

BY Reuters  • December 16, 2023December 16, 2023
By Tim McLaughlin (Reuters) -Exxon Mobil’s income tax payments to the U.S. government have dropped to 3% over the past five years – several times below the company’s 20-year average – on massive deduc[...]
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S&P 500 posts longest weekly winning streak since 2017; ends flat on day

BY Reuters  • December 16, 2023December 16, 2023
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended little changed on Friday but registered a seventh straight week of gains in its longest weekly winning streak since 2017 after[...]
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