LONDON (Reuters) – Britain said on Tuesday it would introduce a new law to rein in the power that big tech companies such as Google, Facebook and Amazon are able to wield to stifle competition i[...]
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April 24, 2023
Nasdaq underperforms on worries about tech earnings ahead
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The Nasdaq closed lower on Monday, underperforming the S&P 500 and the Dow, with pressure from high-profile megacaps as investor[...]
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Exclusive-Chile to start lithium talks with SQM by mid-year to boost state control
By Fabian Cambero SANTIAGO (Reuters) -Chile will start talks with SQM over its operations in the Atacama “this semester” to convince the world’s No. 2 lithium mining company to sign onto a state[...]
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H&R Block settles trademark lawsuit against Block over name change
By Blake Brittain (Reuters) -Tax-preparation giant H&R Block Inc and Block Inc , the company formerly known as Square, have jointly agreed to dismiss H&R Block’s lawsuit over Block[...]
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J&J aims for up to $43 billion valuation for consumer health unit Kenvue
By Akash Sriram and Manya Saini (Reuters) -Johnson & Johnson said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, a[...]
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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux
By Katherine Masters and Mimosa Spencer NEW YORK (Reuters) – The splashy reopening of Tiffany & Co’s flagship store on the corner of Fifth Avenue and East 57th Street is a renovation represe[...]
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Brazilian reinsurer resolves US probe into fake Berkshire Hathaway story
By Jonathan Stempel WASHINGTON (Reuters) – A Brazilian reinsurer entered a nonprosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had receiv[...]
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Comcast says NBCU head Shell fired for sexual harassment
By Lisa Richwine LOS ANGELES (Reuters) – Former NBCUniversal Chief Executive Jeff Shell was fired for sexual harassment after an investigation found evidence that corroborated a female employee[...]
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Marketmind: South Korea to avoid recession … just
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As world markets tread water ahead of U.S. mega-tech earnings and the Bank of Japan meeting this week,[...]
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