Melvin Capital To Shut After Heavy Losses On Meme Stocks, Market Slump
By Svea Herbst-Bayliss (Reuters) -Melvin Capital, once one of Wall Street’s most successful hedge funds which then lost billions in…
May 2022
U.S. Agency Opens Probe Into Fatal Tesla Vehicle Crash That Killed Three
By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety agency said Wednesday it has opened an investigation into a fatal…
Exclusive-Japan Inc Turns Against Central Bank’s Monetary Stimulus, Reuters Survey Shows
By Tetsushi Kajimoto TOKYO (Reuters) – More than 60% of Japanese companies want the central bank to end its policy…
New York Times Pauses Return To Office For Workers
(Reuters) – The New York Times Co said on Wednesday it is pausing its plan to ask employees to return…
Court: Some rail rate talks allowed in price-fixing suits
OMAHA, Neb. (AP) — A federal appeals court has ruled that details of some of the conversations between the nation’s…
US stocks got close to a bear market. Here’s what that means
NEW YORK (AP) — The bear came close to Wall Street but then backed off. The stock market’s slump this…
Chevron, Schlumberger Withdraw Request For California Carbon-capture Permit
By Liz Hampton and Sabrina Valle (Reuters) – Top U.S. energy companies Chevron and Schlumberger have withdrawn an application to…
U.S. Lodges Labor Complaint Against Panasonic In Mexico
By Daina Beth Solomon MEXICO CITY (Reuters) – U.S. labor officials on Wednesday asked Mexico to probe whether workers at…
Federal agency sends team to probe Tesla crash that killed 3
DETROIT (AP) — The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla…
Under Armour CEO Frisk To Step Down
(Reuters) – Under Armour Inc said on Wednesday Patrik Frisk would step down from his role as president and chief…