Bracing for shallow Fed easing, bond investors take the middle of the curve road
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal…
2024
US newspapers sue OpenAI for copyright infringement over AI training
By Blake Brittain (Reuters) – A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft…
More automakers plug into Tesla’s EV charging network
(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company’s…
US labor official calls on companies to exit China’s Xinjiang
WASHINGTON (Reuters) -International companies cannot responsibly operate in Xinjiang and should leave the western Chinese region due to forced labor…
US to test ground beef in states with bird-flu outbreaks in dairy cows
By Tom Polansek CHICAGO (Reuters) -The U.S. government said on Monday it is collecting samples of ground beef at retail…
Morgan Stanley shareholders urged to vote against pay proposal by proxy adviser
By Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley shareholders should vote against its proposal for executive pay at the bank’s…
Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
By Elizabeth Howcroft LONDON (Reuters) – Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake…
Exclusive-US military’s pier in Gaza to cost $320 million
By Phil Stewart and Daphne Psaledakis WASHINGTON (Reuters) – The U.S. military’s cost estimate to build a pier off Gaza…
Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal
BERLIN (Reuters) – The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the…
Exclusive-Chinese brokerage CICC cutting dealmakers’ base pay by 25%, sources say
By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) -China International Capital Corp (CICC) is cutting the base pay of…