(Reuters) – KPMG is cutting close to 2% of its workforce in the United States, becoming the first of the…
Twitter down for thousands of users – Downdetector
(Reuters) -Thousands of Twitter users were unable to access the social media platform on Wednesday, according to outage monitoring website…
Airbus names Thomas Toepfer CFO after 6-month interim
By Tim Hepher and Dina Kartit (Reuters) -Airbus said on Wednesday it had appointed German executive Thomas Toepfer, 50, as…
Wall St watchdog shortens time-frame for stock trades, proposes new investment adviser rules
By Douglas Gillison and Chris Prentice (Reuters) -Wall Street’s top regulator on Wednesday adopted rules tightening the time-frame for stock…
Celsius Network chooses NovaWulf bid for bankruptcy exit
By Dietrich Knauth (Reuters) -Crypto lender Celsius Network will seek to exit bankruptcy under the guidance of asset manager NovaWulf…
Austan Goolsbee under consideration to become Fed’s vice chair – WSJ
(Reuters) – The White House is considering nominating Chicago Federal Reserve President Austan Goolsbee to serve as vice chair of…
Top court sides with French taxman against LVMH on legality of 2019 raids
PARIS (Reuters) – France’s tax investigators on Wednesday won a case against luxury giant LVMH when the country’s highest court…
Biden’s IRS nominee pledges no tax audit hike on earnings up to $400,000
By David Lawder WASHINGTON (Reuters) -President Joe Biden’s nominee to run the Internal Revenue service pledged on Wednesday not to…
Ternium CEO says could build new $2 billion steel plant in northern Mexico
MEXICO CITY (Reuters) – Steelmaker Ternium is considering building a new $2.2 billion steel production plant near its current Pesqueria…
Lufthansa IT meltdown strands thousands of passengers
By Ilona Wissenbach and Hakan Ersen FRANKFURT (Reuters) -An IT failure at Lufthansa stranded thousands of passengers and forced flights…