D.E. Shaw’s biggest hedge fund up 24.7% in 2022
(Refiles to fix typos in paragraphs 2 and 4) NEW YORK (Reuters) -D.E. Shaw’s largest hedge fund gained 24.7% last…
Cruise Lines To Appeal U.S Court’s Big Award To Owner Of Havana Dock
(Reuters) – Carnival Corp and Royal Caribbean Cruises on Tuesday said they would appeal a U.S. court ruling ordering them…
Goldman Sachs’ Consumer Banking Unit Head Steps Down – Memo
(Reuters) – The head of Goldman Sachs Group Inc’s direct-to-consumer unit, Swati Bhatia, is stepping down from the role, according…
Tesla Shares Suffer New Year’s Hangover On Demand Worries, Delivery Issues
By Aditya Soni and Eva Mathews (Reuters) -Tesla Inc shares kicked off 2023 with a thud, plunging more than 12%…
Blackstone Offers Backstop To Lure University Of California In Redemption-stricken REIT
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of…
Bankman-Fried Pleads Not Guilty In FTX Fraud Case, October Trial Set
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that…
Foxconn To Use Nvidia Chips To Build Self-driving Vehicle Platforms
(Reuters) -Chipmaker Nvidia Corp and electronics manufacturer Foxconn announced a partnership on Tuesday to develop autonomous vehicle platforms. Taiwanese contract…
Apple’s Market Value Falls Below $2 Trillion For The First Time Since 2021
(Reuters) – Apple Inc’s market capitalization slipped below $2 trillion on the first trading of 2023 as its stock fell…
Dollar Posts Big Gains, U.S. Stocks Buck Global Rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar headed for its largest one-day rise in over…
Southwest Airlines Is Sued For Not Providing Refunds After Meltdown
By Jonathan Stempel NEW YORK (Reuters) – Southwest Airlines has been sued by a passenger who said it failed to…