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…
Google struck $360-million Activision deal to block rival app store, lawsuit says
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google has struck at least 24 deals with big app developers…
After Elon Musk’s ultimatum, Twitter employees start exiting
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to…
Twitter should convey how it is protecting Americans’ online data: White House official
WASHINGTON (Reuters) – A White House official said Friday that “this administration believes every company – including social media companies…
Mercedes Benz to pay $5.5 million to settle Arizona diesel ad case
By David Shepardson WASHINGTON (Reuters) -German automaker Mercedes Benz and auto supplier Robert Bosch LLC have agreed to pay a…
Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the…
Law firm Sidley warns clients about rules that may hinder activists
By Svea Herbst-Bayliss NEW YORK (Reuters) – Law firm Sidley on Friday stepped into the debate over how aggressively corporations…
White House asks Twitter how it protects Americans’ online data – CNN reporter
(Reuters) – The White House has called on Elon Musk’s Twitter to explain how it is protecting “the safety of…
Hyundai considering development of ‘lifestyle pickup’ – exec
(Reuters) – Hyundai Motor Co is considering development of additional pickups for the U.S. market, including a “lifestyle” truck, according…