By Saqib Iqbal Ahmed (Reuters) -A nearly $15 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity volatility at the end of a strong quarter for U.S[...]
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March 30, 2023
Virgin Orbit to lay off about 85% of staff
By Joey Roulette (Reuters) -Rocket maker Virgin Orbit Holdings on Thursday said it was laying off about 85% of staff because it had not been able to raise new investment. Shares of the company, which[...]
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Tesla 2022 solar roof installations only 2% of last target – report; company denies
By Akash Sriram (Reuters) -Elon Musk-led Tesla Inc has denied a Wood Mackenzie report that said it missed big on solar-roof installation targets due to stiff competition from GAF Energy and other riva[...]
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Walmart faces second U.S. lawsuit this week over treatment of workers
By Jonathan Stempel (Reuters) – Walmart Inc was sued on Thursday by the U.S. Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest U.S.[...]
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Wall St gains with tech shares; regional banks fall
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks rose on Thursday as technology-related shares extended their recent strong run, while regional U.S. bank shares fell as the Biden admini[...]
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US court sanctions Google in privacy case, company’s second legal setback in days
By Mike Scarcella (Reuters) – A U.S. court has sanctioned Google LLC for a second time in recent days, after a judge in a decision unsealed on Wednesday said the Alphabet Inc unit took too long[...]
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Meta defeats photo app’s antitrust case in US court
By Mike Scarcella (Reuters) – A U.S. judge on Thursday dismissed a lawsuit against Meta Platforms Inc that alleged its Facebook social media business drove a now-defunct photo software applicati[...]
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Marketmind: What banking crisis? Ending Q1 on a high
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets go into the final trading day of the quarter in a buoyant mood, ready to face Friday[...]
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US Fed lending to banks ticks slightly lower in latest week
By Michael S. Derby WASHINGTON (Reuters) -U.S. Federal Reserve emergency lending to banks was on balance fairly stable at very high levels as the financial system continued to contend with banking sec[...]
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