Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a...
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Disney extends CEO Bob Iger’s contract through 2026
(Reuters) -Walt Disney’s board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two...
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KPMG to invest $2 billion in AI, cloud services
(Reuters) -KPMG said on Tuesday it will spend $2 billion on artificial intelligence and cloud...
Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads
(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in...
Wall Street ends choppy day lower after jobs data
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main...
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Uber, DoorDash sue New York City over minimum wage law
By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food delivery companies...
Wall St logs sharp losses as labor market strength stokes rate-hike fears
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main...
Bank of America increases dividend by 9% after Fed stress test
NEW YORK (Reuters) – Bank of America (BofA) said on Wednesday it planned to increase...
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Binance market share takes regulatory hit, its US affiliate shrinks
By Medha Singh (Reuters) – The market share of Binance, the world’s largest cryptocurrency exchange,...
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Trump-tied SPAC reaches agreement with SEC staff over merger
(Reuters) – A blank-check firm, which was set to merge with former U.S. President Donald...