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…
Business
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…
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…
U.S. chip bans not meant to hobble China’s growth, Blinken says
By Stephen Nellis (Reuters) – U.S. export controls on sending advanced computing chips to China are not meant to hold…
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup’s generative AI technology to power some new features…
US Air Force awards $13 billion Doomsday plane contract to Sierra Nevada
(Reuters) -The U.S. Air Force said on Friday that it has awarded a $13 billion contract to Sierra Nevada Corp…
How Trump could influence the makeup of the Fed
(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive…
Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a…
Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
By Abigail Summerville NEW YORK (Reuters) – General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring…