(Reuters) – Elon Musk posted a poll on Twitter on Friday evening asking users to vote on whether former U.S.…
Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
By Jody Godoy and Dan Levine SAN JOSE, Calif. (Reuters) -A federal judge on Friday sentenced Theranos founder Elizabeth Holmes…
U.S. autonomous delivery vehicle startup Nuro cuts staff by 20%
(Reuters) – Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring…
S&P 500 ends higher, led by defensive shares
By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s benchmark S&P 500 index ended higher on Friday…
Fed’s Collins: Another 75-bps hike could be ahead
By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston leader Susan Collins said on Friday that with little…
Warren Buffett’s Berkshire warns about crypto website using its name
(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a…
Musk’s pay trial asks if Tesla’s growth justifies $56 billion compensation
By Tom Hals WILMINGTON, Del. (Reuters) – After five days of testimony, including three hours from Elon Musk, a Delaware…
Fed’s Collins declines to say how far Fed will hike rates
By Michael S. Derby BOSTON (Reuters) – Federal Reserve Bank of Boston President Susan Collins on Friday declined to say…
Carvana cuts 8% of workforce on slowing used-car demand
By Nathan Gomes (Reuters) -Carvana Co on Friday announced another round of job cuts that will impact about 1,500 employees,…
U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data
NEW YORK (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time…