Investment bank may be liable for ex-partner’s $25 million fraud: NY court
By Daniel Wiessner (Reuters) – A Wall Street bank could be held liable for allegedly failing to stop a former…
Business
Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS
(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia,…
Bahamas court boosts Bankman-Fried’s challenge to post-extradition charges
By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country’s government from agreeing to let…
Dollar skids to three-week low as US inflation data reinforces Fed pause view
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the…
Stocks jump, dollar eases as inflation data suggests Fed pause
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price…
US bank shares rise on inflation data, positive Wells Fargo comments
By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation…
Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
By Karl Plume and Anirban Sen CHICAGO (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra are merging to create an…
Oil prices settle more than 3% higher after China rate cut
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after…
Stellantis says it is evaluating Tesla’s charging standard
By Joseph White and Norihiko Shirouzu DETROIT/AUSTIN, Texas (Reuters) -Automaker Stellantis said on Tuesday that it continues to evaluate Tesla’s…
Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas
CHICAGO (Reuters) – Tyson Foods, which is seeking to cut costs, will lay off 228 corporate employees in Illinois who…