By Mimosa Spencer PARIS (Reuters) -French luxury group Kering is creating a position at the group level to oversee “brand…
U.S. Justice Department escalates Apple probe – WSJ
WASHINGTON (Reuters) -The U.S. Justice Department has in recent months escalated its long-running antitrust probe on Apple Inc, the Wall…
Austan Goolsbee under consideration to become Fed’s vice chair – WSJ
(Reuters) – The White House is considering nominating Chicago Federal Reserve President Austan Goolsbee to serve as vice chair of…
Top court sides with French taxman against LVMH on legality of 2019 raids
PARIS (Reuters) – France’s tax investigators on Wednesday won a case against luxury giant LVMH when the country’s highest court…
FTX bankruptcy judge rejects call for new investigation into crypto exchange’s collapse
By Dietrich Knauth (Reuters) -A U.S. bankruptcy judge on Wednesday denied calls for a new, independent probe into FTX’s collapse,…
Biden’s IRS nominee pledges no tax audit hike on earnings up to $400,000
By David Lawder WASHINGTON (Reuters) -President Joe Biden’s nominee to run the Internal Revenue service pledged on Wednesday not to…
Roblox shares soar as earnings defy gaming slowdown fears
By Eva Mathews (Reuters) -Roblox shares soared 25% on Wednesday as the gaming platform popular with kids and teenagers topped…
Factbox-Tesla CEO Musk signals Part 3 of Master Plan is ready
(Reuters) – Tesla Inc Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March…
U.S. backs Moderna, says government should face COVID-19 vaccine lawsuit
By Blake Brittain (Reuters) – The U.S. government should face a patent lawsuit over COVID-19 vaccines, not vaccine maker Moderna…
Lufthansa IT meltdown strands thousands of passengers
By Ilona Wissenbach and Hakan Ersen FRANKFURT (Reuters) -An IT failure at Lufthansa stranded thousands of passengers and forced flights…