US firms facilitated investments into blacklisted Chinese companies, says House probe
By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in index funds that…
2024
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
BOJ’s Ueda signals possible rate hike if weak yen boosts inflation
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest…
World Bank sets goal of expanding healthcare to 1.5 billion people by 2030
By David Lawder WASHINGTON (Reuters) – The World Bank Group on Thursday unveiled a new goal to help countries deliver…
US creditors push back against some creative funding trades, Moody’s says
By Shankar Ramakrishnan (Reuters) – Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down…
Factbox-How Elon Musk’s pay package compares to other top CEOs in United States
(Reuters) -Tesla’s attempt to seek a shareholder re-vote on CEO Elon Musk’s record-breaking pay that was voided by a Delaware…
Google consolidates its DeepMind and Research teams amid AI push
(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of…
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party…
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…