(Reuters) – Twitter Inc is offering free advertisements to brands that advertise on its platform, an attempt to woo brands…
Kentucky bans TikTok from government-owned devices
By David Shepardson WASHINGTON (Reuters) – Kentucky is joining more than 20 U.S. states in banning the popular video app…
EU asks member states for proposals on how to ease state aid rules
BRUSSELS (Reuters) – The European Commission on Friday asked member states for input by Jan. 25 on proposals to ease…
Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…
Fed says surging interest costs cut what it handed back to Treasury in 2022
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve said Friday that it handed back substantially less money to…
U.S. near-term consumer inflation expectations lowest in nearly two years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumers are becoming more confident that price pressures will ease considerably over the…
U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice forcefully rejected Bill Hwang’s claim that it sandbagged…
Investor Peltz, corporate doctor, pushes Disney to take bitter pill
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Billionaire activist investor Nelson Peltz often presents himself as a…
Drug companies favor biotech meds over pills, citing new U.S. law
By Deena Beasley San Francisco (Reuters) – Drugmakers are prioritizing complex biotech medicines over treatments that can be given as…
Musk bets big on beating shareholders at ‘funding secured’ trial
By Jody Godoy and Tom Hals NEW YORK (Reuters) – Elon Musk is set to become the rare CEO to…