Oracle cuts hundreds of jobs, rescinds job offers in its health unit – Insider
(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within…
Business
SK Signet to launch EV chargers with Tesla’s charging standard this year
By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla’s…
Fed, SEC probing Goldman Sachs’ role in Silicon Valley Bank’s final days – WSJ
(Reuters) -The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s role in two deals…
Stocks rally, dollar falls after U.S. data, ECB hike, hawkish Fed pause
By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to…
Microsoft notches record high valuation of nearly $2.6 trillion
By Chibuike Oguh NEW YORK (Reuters) -Microsoft Corp shares rose to a new record high close on Thursday as market…
Sixth Street considers bidding for Bed Bath & Beyond assets – WSJ
(Reuters) – Bed Bath & Beyond’s lender Sixth Street Partners is considering bidding for at least some of the bankrupt…
Stellantis to unveil Citroën e-C3, first affordable European-made EV
By Gilles Guillaume PARIS (Reuters) – The world’s No.3 carmaker Stellantis will unveil its first European-made affordable electric car in…
Euro advances, surges to 15-year peak vs yen, after ECB lifts rates
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro hit a 15-year peak against the yen and a five-week high…
Motor vehicles, building materials lift US retail sales in May
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales unexpectedly rose in May as consumers stepped up purchases of motor…
EV maker Rivian sees stable demand through the year – CFO
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year,…