Microsoft settles California probe over worker leave for $14 million
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a California agency’s claims that it…
Meta’s Threads hits 175 million users ahead of one-year anniversary
By Yuvraj Malik and Jaspreet Singh (Reuters) – Meta Platforms’ newest social media offering Threads has over 175 million monthly…
AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses…
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday…
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News…
Fed’s Goolsbee sees warnings signs on real economy
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said he sees some “warning signs” of weakening in the…
GM’s second-quarter US auto sales growth slows
(Reuters) – General Motors on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to…
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading
By Jonathan Stempel (Reuters) – The former senior Apple lawyer who avoided prison time after pleading guilty to insider trading…
‘Roaring Kitty’ is sued for alleged GameStop manipulation
By Jonathan Stempel NEW YORK (Reuters) – Keith Gill, the investor known as “Roaring Kitty” who helped spur the meme…
Spirit Aero to be broken up as Boeing agrees to $4.7 billion stock deal
By Tim Hepher, Shivani Tanna and Mike Stone (Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in…