By Scott DiSavino NEW YORK (Reuters) – The United States is on track to become the world’s biggest exporter of…
U.S., New York sue Credit Acceptance, allege predatory auto lending; shares slide
By Jonathan Stempel NEW YORK (Reuters) -Credit Acceptance Corp was sued on Wednesday by the U.S. Consumer Financial Protection Bureau…
Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its stake in the…
Microsoft shares lag Big Tech peers as growth worries prompt UBS downgrade
(Reuters) – Microsoft Corp underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a…
French privacy watchdog fines Apple over personalised ads
PARIS (Reuters) – France’s privacy watchdog CNIL on Wednesday said it had imposed an 8 million euro ($8.49 million) fine…
Explainer-What happens next in Sam Bankman-Fried’s fraud case
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court on Tuesday to fraud…
BlackRock and M&G defer withdrawals from UK property funds
By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -U.S. fund manager BlackRock and British asset manager M&G are delaying redemptions…
Oil dives 4%, trade choppy on worries about China, global economy
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data…
Goldman Sachs dealmakers see M&A recovery in second half of 2023
By Saeed Azhar, Lananh Nguyen and Anirban Sen NEW YORK (Reuters) – Goldman Sachs Group Inc’s top dealmakers are bullish…
Moderna snaps up Japan’s OriCiro Genomics in mRNA manufacturing push
(Reuters) -Moderna Inc on Wednesday agreed to buy Japan-based OriCiro Genomics for $85 million to boost the U.S. drugmaker’s messenger…