By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic…
GXO CEO sees large M&A opportunities in Canada
By Amy-Jo Crowley LONDON (Reuters) – GXO Logistics, the world’s largest contract logistics provider, is open to sizeable takeover deals…
Here’s what Twitter lost in advertising revenue in final months of 2022
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover,…
Dollar ends up vs yen, as super easy BOJ policy seems here for a while
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on…
Bitcoin rises 6.2 percent to $22,401
(Reuters) – Bitcoin rose 6.24 % to $22,401 at 22:07 GMT on Friday, adding $1,315 to its previous close. Bitcoin,…
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a…
Morgan Stanley lowers CEO Gorman’s 2022 compensation to $31.5 million
(Reuters) – Morgan Stanley Chief Executive Officer James Gorman’s total compensation for 2022 slipped 10% to $31.5 million, the bank…
On debt ceiling, White House bets Republicans will blink under pressure
By Trevor Hunnicutt WASHINGTON (Reuters) – The White House is refusing to negotiate with hardline Republicans on raising the debt…
ABB sells its power conversion division for $505 million
ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering…
U.S. asks judge to hold Shkreli in contempt for allegedly flouting pharma industry ban
WASHINGTON (Reuters) -U.S. regulators asked a federal judge on Friday to hold Martin Shkreli in contempt for allegedly impeding its…