By Leika Kihara TOKYO (Reuters) -The Bank of Japan may offer guidance on how it plans to reduce its $5-trillion balance sheet at its policy meeting on Friday, in a slow but steady retreat from its mas[...]
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June 13, 2024
Visa, Mastercard $30 billion fee settlement in peril
By Jonathan Stempel NEW YORK (Reuters) – Visa’s and Mastercard’s proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New[...]
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GameStop postpones shareholder meet to June 17 after technical difficulties
(Reuters) – Video game retailer GameStop said that its virtual annual shareholders’ meeting on Thursday was postponed without any business being conducted due to technical difficulties. Th[...]
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Blue Origin, SpaceX and United Launch Alliance picked for Pentagon rocket launch contracts
By Joey Roulette WASHINGTON (Reuters) -The U.S. Department of Defense picked Jeff Bezos’ Blue Origin, Elon Musk’s SpaceX and Boeing-Lockheed joint venture United Launch Alliance (ULA) to c[...]
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Nasdaq, S&P 500 post all-time closing highs for 4th day as tech boosts
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq registered record closing highs for a fourth session in a row on Thursday as technology shares extended their recent rall[...]
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Canadian national pleads guilty to stealing Tesla trade secrets
By Blake Brittain (Reuters) – A Canadian resident of China pleaded guilty in New York federal court on Thursday to stealing Tesla electric-vehicle battery manufacturing trade secrets and conspir[...]
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US government to fund up to $500 million for studies on oral, nasal COVID vaccines
(Reuters) – The U.S. Department of Health and Human Services (HHS) said on Thursday it will provide up to $500 million for mid-stage trials evaluating vaccines administered as a nasal spray or p[...]
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Adobe raises full-year revenue forecast on robust software demand
By Zaheer Kachwala (Reuters) -Photoshop maker Adobe raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools a[...]
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Reaction to Tesla shareholders approving Elon Musk’s $56 billion pay package
(Reuters) -Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his f[...]
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