By Joseph White and Dawn Chmielewski LAS VEGAS (Reuters) – What started out as a novelty offered by Elon Musk…
Peloton to pay $19 million fine over treadmill hazard -U.S. regulators
By David Shepardson and Susan Heavey WASHINGTON (Reuters) – Peloton Interactive Inc has agreed to pay a $19 million fine…
JPMorgan must face lawsuit by Ray-Ban maker over $272 million cybertheft
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co was ordered by a New York judge to face…
U.S. judge says Celsius Network owns most customer crypto deposits
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency…
Standard Chartered becomes first foreign bank to trade bond futures in China
SHANGHAI (Reuters) – Standard Chartered Plc’s China unit said it had become the first foreign bank to trade treasury bond…
Biggest hedge funds will keep lion’s share of customers in 2023, data shows
By Nell Mackenzie (Reuters) – The top 5% of the world’s hedge fund managers are set to take 80-90% of…
WhatsApp announces new proxy support feature to bypass internet shutdowns
(Reuters) – Meta Platforms Inc’s WhatsApp said on Thursday users of the messaging app will now be able to use…
Conagra Brands raises 2023 forecast on price hikes
By Granth Vanaik and Jessica DiNapoli (Reuters) -Conagra Brands Inc raised its full-year forecasts on Thursday, after beating quarterly results,…
Amazon layoff signals more pain for tech sector as recession fears mount
By Nivedita Balu (Reuters) – The massive job cuts by Amazon.com Inc, one of the biggest private employers in the…
European shares dip as media stocks slide, Fed worries resurface
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares slipped on Thursday as media stocks were weighed by declines…