JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
News Corp would lose $9 million by ditching Google ads, ex-exec testifies
By Jody Godoy ALEXANDRIA, Virginia (Reuters) – News Corp explored switching away from Google’s advertising tools in 2017 but estimated…
Siemens investing $60 million on high-speed train plant in upstate New York
ZURICH (Reuters) – Siemens is spending $60 million on a new U.S. factory to build high speed trains to whisk…
Apple shows off new Watches, AirPods as it kicks off iPhone 16 AI event
By Max A. Cherney and Kenrick Cai CUPERTINO, California (Reuters) – Apple unveiled updated Watches and AirPods at an event…
US SEC approves new audit quality benchmarks over Republican objections
(Reuters) – Wall Street’s top regulator on Monday gave the nod to new accounting standards set by a watchdog agency,…
Losses from crypto scams grew 45% in 2023, FBI says
By Hannah Lang (Reuters) – Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than…
Exclusive-Starboard files proposal at News Corp, seeks to break Murdoch’s grip
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Starboard Value has filed a shareholder resolution to do away with…
Boeing reaches early deal with 25% higher pay in hope to avert strike
By Allison Lampert and David Shepardson -Boeing said on Sunday it had reached a tentative agreement with a union representing…
Renault CEO says sector could face billions in fines as EV sales slow
PARIS (Reuters) – Europe’s autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to…
Musk’s xAI in talks for share in future Tesla revenue, WSJ reports
(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it some revenue from Musk’s Tesla…