By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing the online platform of violating the…
US investors want clarity on Biden’s vague curbs on China tech
By Pete Schroeder, Michelle Price and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – U.S. financial firms are pushing for greater clarity…
OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources
By Krystal Hu and Niket Nishant (Reuters) -OpenAI, the artificial intelligence startup behind ChatGPT, is talking to investors about a…
Wall St pounded as investors grapple with higher rates
By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes ended down over 1% on Tuesday…
Exclusive-JPMorgan shuffles bosses as Rivas to retire as head of North American investment banking -memo
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase reorganized the leadership in its investment bank, promoting a new head in…
Oil prices rebound, settle higher on worries about tight supply
By Nicole Jao NEW YORK (Reuters) -Oil prices settled nearly 1% higher on Tuesday, rebounding from a slump to a…
China’s Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong
By Brenda Goh and Kane Wu SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan…
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as…
Goldman, HSBC join forces with other banks on client disclosures
By Sinead Cruise and Elizabeth Howcroft LONDON (Reuters) -Goldman Sachs and HSBC are among a group of five banks adopting…
Wall Street posts gains as investors eye rate outlook
By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes posted gains on Monday, with increases…