Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
May 2024
Delivery of US weapons to Ukraine helping stabilize frontline, Blinken says
By Humeyra Pamuk CHISINAU (Reuters) – The delivery of U.S. weapons to Ukraine is helping stabilize the frontline of the…
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose Tesla CEO Elon Musk’s $56…
Viking gains after wave of bullish Wall Street coverage initiations
By Granth Vanaik (Reuters) – Several Wall Street brokerages, including J.P. Morgan and UBS, have started coverage on Viking Holdings,…
Oil up on prospect of OPEC+ holding cuts, weaker US dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices rose by more than $1 a barrel on Tuesday on the expectation…
Meme stock GameStop climbs after raising $933 million in share sales
(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing…
Hess shareholders approve merger with Chevron
By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and current market expectations for easing…
Exclusive-Operations to destroy illegal roads in Colombia’s Amazon hit standstill, sources say
By Oliver Griffin BOGOTA (Reuters) – Government measures to destroy illegal roads in and around Colombia’s Amazon rainforest are stalled,…
Elon Musk’s xAI valued at $24 billion after fresh funding
(Reuters) -Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion…