By Tim Hepher MARIGNANE, France (Reuters) -Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a quest for speed as competition heats up to define the rotorcraft o[...]
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May 15, 2024
Lawsuit claiming Uber hid Dutch tax haven is dismissed by US judge
By Jonathan Stempel (Reuters) – A U.S. judge has dismissed a proposed class action lawsuit accusing Uber Technologies of defrauding shareholders by concealing its use of its Netherlands subsidia[...]
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Digital bank Chime debuts advance wage product ahead of anticipated IPO
By Hannah Lang (Reuters) -U.S. digital bank Chime is launching a product that will allow customers to access up to $500 of their wages before payday, the latest move by a financial technology company[...]
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NYCB falls as profitability comes into focus after $5 billion loan sale
By Niket Nishant and Manya Saini (Reuters) -New York Community Bancorp’s shares reversed course to trade down 4% as a deal to sell $5 billion of mortgage warehouse loans failed to assuage invest[...]
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Exclusive-US warned Raiffeisen’s access to dollar system could be curbed over Russia, source says
By John O’Donnell and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -Raiffeisen Bank International was warned by the U.S. Treasury in writing that its access to the U.S. financial system[...]
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Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says
By Milana Vinn NEW YORK (Reuters) – The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than[...]
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Anthropic taps Instagram co-founder as product chief
(Reuters) – Artificial intelligence startup Anthropic has appointed Instagram co-founder Mike Krieger as its chief product officer, the company said on Wednesday, it looks to spruce up its AI of[...]
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IEA trims 2024 oil demand growth forecast, widens gap with OPEC
By Natalie Grover LONDON (Reuters) -The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening the gap with producer group OPEC in terms of expectatio[...]
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Exclusive-Musk’s Neuralink has faced issues with its tiny wires for years, sources say
By Rachael Levy (Reuters) – Neuralink’s disclosure last week that tiny wires inside the brain of its first patient had pulled out of position is an issue the Elon Musk company has known ab[...]
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