Bill Ackman calls on JPMorgan CEO Dimon to run for US president
(Reuters) -Billionaire hedge fund manager Bill Ackman said Jamie Dimon should run for president in the next U.S. elections after…
Business
Fed’s Harker: Inclined to ‘skip’ a rate hike in June
(Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined…
Amazon.com to pay $25 million to settle Alexa privacy lawsuit with FTC
WASHINGTON (Reuters) – Amazon.com agreed to pay $25 million to settle allegations that it violated children’s privacy rights with its…
Bank of England to take Bank Rate to 5.00% next quarter as inflation proves sticky: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will be far more aggressive in policy tightening than previously…
Analysis-Mexico’s gasoline independence dream sinks in dirty fuel oil glut
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s president took office in late 2018 pledging to boost local output…
Russian labour shortage laid bare as unemployment drops to record low
By Alexander Marrow and Darya Korsunskaya (Reuters) – Russia’s unemployment rate dropped to a record low 3.3% in April, data…
Commerzbank shareholders pave way for Jens Weidmann as chairman
FRANKFURT (Reuters) -Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman of…
EU tech chief sees draft voluntary AI code within weeks
By Philip Blenkinsop LULEA, Sweden (Reuters) – EU tech chief Margrethe Vestager said on Wednesday she believed a draft code…
Cost of insuring vs US default increases before vote on debt ceiling bill
NEW YORK (Reuters) – The cost of insuring exposure to a U.S. debt default rose on Wednesday, with investors focused…
Factbox-U.S. states where recreational marijuana is legal
(Reuters) – Minnesota became the latest U.S. state to legalize marijuana for recreational use on Tuesday after its governor, Tim…