(Reuters) – Twitter was sued over Elon Musk’s plan to lay off about half of its workforce, Bloomberg News reported…
Ford: U.S. should ease ‘foreign entity’ rules so that more EVs get tax credits
By David Shepardson WASHINGTON (Reuters) – Ford Motor Co said on Thursday the U.S. Treasury Department should limit the definition…
Tiger Global pauses investments in Chinese equities – WSJ
(Reuters) – Tiger Global Management has paused investing in Chinese equities, as it reassesses its exposure to the country after…
Cheerios maker General Mills, Audi of America pause advertising on Twitter
(Reuters) -General Mills Inc and Luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days…
Musk orders Twitter to cut infrastructure costs by $1 billion -sources
By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to…
Livent looks to Canada for lithium growth opportunities – CEO
By Ernest Scheyder (Reuters) – Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks…
Starbucks plans to tap young, wealthy customers to weather recession
By Hilary Russ and Deborah Mary Sophia (Reuters) -Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits…
Wall St down for fourth straight day on Fed rate hike worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic…
Distressed credit to lure more hedge fund investors next year -BNP survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…