GameStop ousts CEO, elevates Cohen as sales fall again
By Samrhitha A and Svea Herbst-Bayliss (Reuters) – Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made…
Business
Tesla considering building automotive investment in Spain – source
MADRID (Reuters) -U.S. electric car manufacturer Tesla is in talks with the leaders of the regional government of Valencia in…
Euro zone saw winter recession, more challenges ahead
By Philip Blenkinsop BRUSSELS (Reuters) -The euro zone economy fell into a technical recession in the first three months of…
Former JPMorgan executive Staley rejects bank’s Jeffrey Epstein accusations
By Jonathan Stempel NEW YORK (Reuters) – The former JPMorgan Chase & Co executive accused of shepherding the bank’s relationship…
Mexico’s annual inflation hits lowest since August 2021, beating forecasts
MEXICO CITY (Reuters) – Mexico’s annual inflation rate slowed in May for a fourth consecutive month to 5.84%, data from…
Senators ask U.S. Justice Dept to probe Binance statements to Congress
WASHINGTON (Reuters) – The U.S. Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in…
India central bank holds rates as expected, signals tight policy ahead
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -India’s central bank kept its key lending rate steady for a second…
Jobs at stake as California port terminal upgrades to green technology
By Lisa Baertlein LOS ANGELES (Reuters) – Unions hope a $30 million grant to electrify tractors in a Long Beach,…
US luxury EV maker Lucid set to enter China market
SHANGHAI (Reuters) – U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world’s largest auto market,…
Fading risks, fear of missing out may fuel US stocks after near 20% rally
By Lewis Krauskopf NEW YORK (Reuters) – Worries that have dogged U.S. stocks for months are fading, pushing some Wall…