New lawsuit claims Elon Musk's Twitter owes more severance to former employees
A former Twitter employee on Wednesday filed a new lawsuit against Twitter and its owner, Elon Musk, alleging that the company failed to provide the full amount of severance it had promised employees prior to mass layoffs last November.
2023-07-13 06:59
US SEC scraps contentious pricing proposal in final money market fund reforms
By John McCrank NEW YORK The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing
2023-07-13 05:47
Every Buybuy Baby store is closing after bankruptcy deal falls through
On Tuesday, a judge approved the sale of Buybuy Baby's intellectual property for $15.5 million to Dream on Me industries, a New Jersey-based designer and supplier of baby products. Buybuy Baby's 120 stores will close.
2023-07-13 01:20
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve
2023-07-13 00:55
Exclusive: Energy Secretary vows to 100% refill emergency oil stockpile — but warns that won't happen before a second Biden term
America's emergency oil stockpiles have plunged to 40-year lows under President Joe Biden as US officials have sought to cushion consumers from high gas prices.
2023-07-12 23:47
Cboe exchange to partner with Coinbase on bitcoin market surveillance in ETF push
By John McCrank NEW YORK Exchange operator Cboe Global Markets on Tuesday filed amended applications to list and
2023-07-12 16:53
Chip Designer Arm in Talks With Nvidia to Anchor IPO, FT Says
Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with Nvidia Corp. to join
2023-07-12 13:50
India CEO criticised for picking AI bot over human staff
Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff.
2023-07-12 13:28
VP Kamala Harris unveils proposed rule change to cut US childcare costs
WASHINGTON (Reuters) -U.S. Vice President Kamala Harris on Tuesday announced new steps to lower the cost of childcare for American
2023-07-12 02:57
PGA officials say they had no choice but to reach deal with the Saudis
Two top officials of the PGA Tour said the sport's governing body had no choice but to reach a truce in its yearlong battle with LIV Golf and try to reach a merger with the Saudi-funded tour.
2023-07-12 00:24
'Too much': Burger King's new offering in Thailand has no meat and 20 slices of cheese
Burger King is causing a stir in Thailand with its new offering: a burger with no meat and a jaw-dropping amount of cheese.
2023-07-11 18:57
UBS shelves plan for new China fund unit, takes over Credit Suisse joint venture - sources
By Selena Li and Samuel Shen HONG KONG UBS has halted plans to set up a new fund
2023-07-11 17:16