By Hannah Lang and Doina Chiacu WASHINGTON (Reuters) -Poor management practices and inexperienced leaders led to FTX’s implosion, the crypto…
Ark’s Wood sees U.S. now in recession, expects energy stocks to tumble
By David Randall NEW YORK (Reuters) – Energy stocks and other value stocks will likely be “casualties” of falling inflation,…
Eli Lilly prepares for as many as 5 new drug launches next year
By Leroy Leo (Reuters) -Eli Lilly and Co said on Tuesday it hopes to launch as many as five new…
Investors eye year-end rally as stocks pass week’s first test with tame CPI
By Lewis Krauskopf NEW YORK (Reuters) – Investors grew more upbeat about a year-end U.S. stock rally after a softer-than-expected…
Waymo seeks permit to sell self-driving car rides in San Francisco
By Paresh Dave SAN FRANCISCO (Reuters) -Alphabet Inc’s Waymo has applied for the final permit it needs in California before…
Chad contests Savannah Energy acquisition of Exxon Mobil assets
By Mahamat Ramadane and Sabrina Valle N’DJAMENA (Reuters) -Chad may ask its courts to block Savannah Energy’s purchase of Exxon…
German cum-ex mastermind handed 8-year jail sentence for tax fraud
By Matthias Inverardi and Marta Orosz BONN, Germany (Reuters) -A tax lawyer, alleged to have masterminded one of Germany’s biggest…
Ford adds work crew at Michigan plant as it boosts output of EV pickup
DEARBORN, Mich. (Reuters) -Ford Motor Co on Tuesday said it added a third work crew at an assembly plant near…
Subaru recalls 271,000 U.S. vehicles for fire risks, urges drivers to park outside
By David Shepardson (Reuters) -Subaru on Tuesday said it was recalling 271,000 Ascent sport utility vehicles with model years between…
Google asks court to toss out federal antitrust lawsuit
WASHINGTON (Reuters) – Alphabet Inc’s Google asked a federal court late on Monday to toss out the U.S. Justice Department’s…