By Scott DiSavino NEW YORK (Reuters) – The United States is on track to become the world’s biggest exporter of…
U.S., New York sue Credit Acceptance, allege predatory auto lending; shares slide
By Jonathan Stempel NEW YORK (Reuters) -Credit Acceptance Corp was sued on Wednesday by the U.S. Consumer Financial Protection Bureau…
Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its stake in the…
Microsoft shares lag Big Tech peers as growth worries prompt UBS downgrade
(Reuters) – Microsoft Corp underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a…
French privacy watchdog fines Apple over personalised ads
PARIS (Reuters) – France’s privacy watchdog CNIL on Wednesday said it had imposed an 8 million euro ($8.49 million) fine…
Coinbase to pay $50 million to settle NY state investigation, invest $50 million in compliance
WASHINGTON (Reuters) -U.S.-based cryptocurrency exchange Coinbase Inc has reached a $100 million settlement with New York’s Department of Financial Services…
Meta told to reassess legal basis for EU personalised ads
By Padraic Halpin DUBLIN (Reuters) -Meta must reassess the legal basis on how Facebook and Instagram use personal data to…
Explainer-What happens next in Sam Bankman-Fried’s fraud case
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court on Tuesday to fraud…
Stellantis plans to cut one in five French outlets in dealership revamp
By Gilles Guillaume PARIS (Reuters) – Stellantis will ultimately cut about one in five retail outlets in France, the automaker…
BlackRock and M&G defer withdrawals from UK property funds
By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -U.S. fund manager BlackRock and British asset manager M&G are delaying redemptions…