UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could be completed as early as…
Month: June 2024
How Apple used Google’s help to train its AI models
By Max A. Cherney SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal…
Uncategorized
Fed’s new economic projections may come with a dose of maybe, maybe not
By Howard Schneider WASHINGTON (Reuters) – Updated economic projections from Federal Reserve officials this week are expected to show fewer…
GameStop tumbles for second day as meme-stock rally fades
(Reuters) – Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith…
Nvidia sparks chatter over possible Dow inclusion after stock split
(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the…
Uncategorized
Indexes mostly edge up ahead of Fed meeting, CPI, Apple conference
By Caroline Valetkevitch NEW YORK (Reuters) -The three major U.S. stock indexes were barely higher in afternoon trading Monday, with…
Visa and MasterCard face new UK lawsuits over merchant fees
LONDON (Reuters) – Global payments processors Visa and Mastercard must face a new set of lawsuits over fees charged to…
Judge cuts Bayer $2.25 billion Roundup verdict to $400 million
By Dietrich Knauth NEW YORK (Reuters) – A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer…
Uncategorized
Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a…
Uncategorized
Former Allianz employee pleads guilty to fraud over $7 billion funds meltdown
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – A former Allianz fund manager pleaded guilty on Friday over…