By Jaiveer Shekhawat (Reuters) -Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday. The layo[...]
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Business
Wall St holds gains after cooler inflation, mixed earnings
By Lawrence Delevingne (Reuters) -Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data this week unleashed a wave[...]
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Microsoft asks court to reject FTC request to pause Activision deal
WASHINGTON (Reuters) – Microsoft urged an appeals court in sometimes scathing language on Friday to reject the U.S. Federal Trade Commission’s (FTC) request to pause its $69 billion deal t[...]
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Court blocks curbs on US government contact with social media companies for now
By Brendan Pierson (Reuters) -A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials’ and agencies’ contacts[...]
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UnitedHealth’s lower-than-feared costs lift profit, shares
By Bhanvi Satija and Raghav Mahobe (Reuters) -UnitedHealth Group’s quarterly profit beat Wall Street estimates on Friday as a smaller-than-expected jump in medical costs allayed fears that a res[...]
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Dollar gains after steep losses, but downtrend stays intact
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few days, as investors consolidated losses ahead of the w[...]
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Coinbase limiting staking service for retail customers in four states
(Reuters) – Coinbase retail customers in California, New Jersey, South Carolina and Wisconsin will be unable to pledge new cryptocurrency to the exchange’s staking program pending proceedings th[...]
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Disney seeks to toss district lawsuit in DeSantis feud
By Tom Hals WILMINGTON, Delaware (Reuters) -Walt Disney Co asked a Florida judge on Friday to dismiss a lawsuit by a state oversight board as part of the entertainment giant’s effort to pursue i[...]
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Hedge funds rush to unwind bearish stock positions
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JP[...]
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