Amazon has deep bench of defense lawyers to fight US FTC lawsuit
By Andrew Goudsward and Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s monopoly lawsuit against Amazon.com filed on…
September 2023
U.S. sues eBay over sale of harmful products
By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing the online platform of violating the…
Kia, Hyundai recall 3.37 million US vehicles over fire risks
By David Shepardson WASHINGTON (Reuters) -Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due…
Biden plans $100 million drive to combat drug-resistant ‘superbugs’
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will announce on Wednesday a $100 million research drive to…
US investors want clarity on Biden’s vague curbs on China tech
By Pete Schroeder, Michelle Price and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – U.S. financial firms are pushing for greater clarity…
Why Isn’t APPLE Playing Ball? China’s New App Regulations Expose Big Names
In a move to increase its grip over the digital domain, China has recently stepped up its regulations surrounding…
OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources
By Krystal Hu and Niket Nishant (Reuters) -OpenAI, the artificial intelligence startup behind ChatGPT, is talking to investors about a…
World Bank chief sees $100 billion-plus lending boost from capital moves
By David Lawder (Reuters) -World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined…
Exclusive-JPMorgan shuffles bosses as Rivas to retire as head of North American investment banking -memo
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase reorganized the leadership in its investment bank, promoting a new head in…
Oil prices rebound, settle higher on worries about tight supply
By Nicole Jao NEW YORK (Reuters) -Oil prices settled nearly 1% higher on Tuesday, rebounding from a slump to a…