By Brenda Goh and Kane Wu SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan…
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as…
Goldman, HSBC join forces with other banks on client disclosures
By Sinead Cruise and Elizabeth Howcroft LONDON (Reuters) -Goldman Sachs and HSBC are among a group of five banks adopting…
Wall Street posts gains as investors eye rate outlook
By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes posted gains on Monday, with increases…
Ford pauses work on $3.5 billion battery plant in Michigan
By David Shepardson (Reuters) -Ford Motor said on Monday it has paused work on a $3.5 billion electric vehicle battery…
Moody’s warns US government shutdown bad for country’s credit
By Davide Barbuscia NEW YORK (Reuters) -A U.S. government shutdown would harm the country’s credit, rating agency Moody’s said on…
Musk vs. Karp: CEOs Clash Over Putin and Battlefield Tech—What’s Really Going On?
Alex Karp Talks Business and Ethics: SpaceX Starlink and Ukraine in the Spotlight In a lively discussion on technology and…
Workers with Canadian union Unifor vote in favor of Ford contract
By Nathan Gomes and Mrinmay Dey (Reuters) -Canadian labor union Unifor said on Sunday its members had voted to ratify…
China state asset manager plans $14 billion emerging industry fund -report
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion…
GM, Stellantis dealers and customers face dwindling parts as UAW strike expands
By Doyinsola Oladipo and Abhirup Roy (Reuters) – U.S. auto workers expanded their strike on Friday with a clear target…