Wyre winding down as crypto winter bites
(Reuters) – Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was…
Business
Deutsche Bank $75 million settlement with Epstein accusers wins preliminary approval
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday granted preliminary approval to Deutsche Bank’s $75 million settlement…
Electric-truck maker Nikola laying off 270 employees
(Reuters) – Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks…
Fed policymakers deliver hawkish vibe after pause decision
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials struck a hawkish tone in their first comments since the central…
Gannett tiptoes into generative AI, giving humans the last word
By Helen Coster NEW YORK (Reuters) – Publisher Gannett plans to include generative artificial intelligence in the system it uses…
Electric-vehicle startups see weekly gains after blistering rally
By Aditya Soni and Akash Sriram (Reuters) -U.S. electric-vehicle startups saw massive weekly gains on Friday after a searing rally…
Insurance broker Acrisure prepares for 2024 IPO at over $20 billion valuation – source
(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it…
Exclusive-Twitter to focus on video, commerce in business revamp – investor presentation
By Sheila Dang (Reuters) -Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company’s…
World stocks gauge pauses after big run, heavy central bank week
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stock markets took a breather on…
Mexico to extend deadline for cargo flight move after Buttigieg visit
By Kylie Madry MEXICO CITY (Reuters) -Mexico will extend the deadline for cargo airlines to move operations from the capital’s…