By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index ended lower on Tuesday, pulling back from a record…
JPMorgan Chase is sued over low rates on cash sweeps
NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts…
Chipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally…
Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
NEW YORK (Reuters) – The Bank of New York Mellon has agreed to pay $5 million to settle U.S. Commodity…
Elliott lays out its case for leadership change at Southwest Airlines
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management, which now holds voting power over roughly 9.7% of Southwest Airlines,…
Fed’s Goolsbee: Current rate policy too tight for economy
(Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee said Friday that while he’s not ready to explicitly call…
Microsoft cuts first-quarter forecast for intelligent cloud revenue
(Reuters) -Microsoft on Wednesday cut its first-quarter intelligent cloud forecast, the technology giant said in an investor presentation. The company…
Meta cancels plans for high-end mixed-reality headset, the Information reports
(Reuters) -Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information…
Musk’s SpaceX testing breakthrough tech in risky spacewalk
By Joey Roulette WASHINGTON (Reuters) – SpaceX’s attempt at the first ever private spacewalk next week will be a test…
Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO
(Reuters) – Bristol-Myers Squibb-backed Zenas BioPharma has filed to go public in the United States, a regulatory filing showed on…