(Reuters) – JPMorgan Chase has created a new sports-focused investment banking team as the Wall Street bank seeks to tap an increasingly lucrative industry, according to an internal memo seen by[...]
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March 19, 2024
IPO-bound Reddit discloses patent infringement complaint from Nokia
By Niket Nishant (Reuters) -Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of the telecom and cloud network firm’s patents, the social media platform said on Tu[...]
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Amazon workers at UK warehouse strike again over pay, union recognition
By James Davey LONDON (Reuters) – Around 1,400 workers at an Amazon warehouse in Coventry, central England, went on strike on Tuesday and plan to do so again on Wednesday as part of a long-runni[...]
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Exclusive-Nordstrom’s founding family in new bid to take U.S. retailer private, sources say
By Greg Roumeliotis and Abigail Summerville NEW YORK (Reuters) – The founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar[...]
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Airbus changes tone in A220 worker talks after pressure tactics: union memo to members
MONTREAL (Reuters) – Airbus has changed its tone in bargaining with Montreal-area A220 jet assembly workers following the start of pressure tactics to slow production, according to a union memo[...]
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Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI push
(Reuters) – Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and hired several employees of his Inflection AI startup, seeking to defe[...]
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US oil output to exceed 14 million bpd and then plateau, says Conoco chief
(Reuters) – U.S. oil production will grow to exceed 14 million barrels per day and then plateau, ConocoPhillips CEO Ryan Lance forecast on Tuesday. Output in the top U.S. shale field, the Permia[...]
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Green energy giant Statkraft looks beyond Norway for growth
By Nora Buli OSLO (Reuters) – Norwegian state-owned utility Statkraft, which has quietly become Europe’s largest renewable energy producer, faces the challenge under its new CEO of balanci[...]
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Accounting body says investors want climate data that U.S. rules exclude
By Isla Binnie NEW YORK (Reuters) – Investors will be asking companies for data on indirect greenhouse gas emissions that new U.S. financial disclosure rules exclude, the International Sustainab[...]
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