NEW YORK (Reuters) – The quarter end saw substantial inflows into the Federal Reserve Bank of New York’s reverse repo…
Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling
(Reuters) – The U.S. Supreme Court’s ruling on Thursday scuttling OxyContin maker Purdue Pharma’s bankruptcy settlement could have a sweeping…
US charges 193 people in $2.75 billion health care fraud bust
(Reuters) – The U.S. Justice Department has charged 193 people, including 76 doctors, nurses and other medical professionals, with participating…
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…
Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Micron Technology beats estimates for third-quarter revenue on AI chip demand
(Reuters) -Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory…
Hollywood workers union reaches pay, AI-use deal with top studios
(Reuters) – A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal…
Nvidia shares surge nearly 7%, bouncing after $430 billion market slump
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin…
Dollar hits 38-year high vs yen; US stocks rise
By Caroline Valetkevitch NEW YORK (Reuters) -The U.S. dollar on Wednesday hit its highest level against the Japanese yen in…
Google to showcase AI, new Pixel phones at surprise Aug 13 event, the Verge reports
(Reuters) – Google will showcase artificial intelligence features, and updates to its Pixel devices and the Android platform at a…