Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US SEC enforcement collected nearly $5 billion in financial remedies last year
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering $4.95 billion in penalties and other financ...
Nov 14, 2023
Alphabet CEO, in Play store trial, acknowledges some materials not retained
By Greg Bensinger SAN FRANCISCO (Reuters) - In federal court on Tuesday, Alphabet CEO Sundar Pichai acknowledged that he sometimes marked documents as "privileged" and never turned off a setting that ...
Nov 14, 2023
Chelsea Manning: Tech more efficient than laws to ensure privacy
By Catarina Demony LISBON (Reuters) - Chelsea Manning, a former U.S. army analyst and WikiLeaks source, said on Tuesday that technology tools can be more efficient in protecting people's privacy and i...
Nov 14, 2023
UAW workers at GM’s Spring Hill plant vote against tentative deal
(Reuters) - Workers belonging to the United Auto Workers (UAW) union at General Motors' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote track...
Nov 14, 2023
Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) - Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over some who were di...
Nov 14, 2023
Canada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign deals
By Divya Rajagopal TORONTO (Reuters) - As Glencore prepares for a long grind to convince Canada of the virtues of the Swiss trader-led consortium's $9 billion bid for Teck Resources' coal unit, invest...
Nov 14, 2023
Goldilocks hopes return to Wall St after benign inflation report
By Lewis Krauskopf NEW YORK (Reuters) - A benign U.S. inflation report is bolstering the view that the Federal Reserve can bring down consumer prices without hurting the economy, a so-called Goldilock...
Nov 14, 2023
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
WASHINGTON (Reuters) - The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as mail volumes continued to fall. ...
Nov 14, 2023
Airbnb acquires AI startup GamePlanner.AI
(Reuters) - Airbnb said on Tuesday it has acquired GamePlanner.AI, a 12-person startup, for an undisclosed sum, amid rapid adoption of artificial intelligence that has taken the tech world by storm an...
Nov 14, 2023
EV maker Fisker plunges to all-time low after cutting production target
By Chibuike Oguh NEW YORK (Reuters) - Shares of Fisker Inc fell by more than 24% to an all-time low on Tuesday after the electric-vehicle startup slashed its production targets as it struggles to ramp...
Nov 14, 2023
