Short selling comes under fire as regional banks sell off
By Carolina Mandl, David French and Svea Herbst-Bayliss NEW YORK (Reuters) -The practice of short selling is coming under increased…
Business
Exclusive-Vanguard overcomes Republican challenge to US utility stakes
By Ross Kerber (Reuters) – Vanguard Group, the largest provider of mutual funds, has secured regulatory approval to continue to…
Twitter beats two lawsuits stemming from mass layoffs, for now
By Daniel Wiessner (Reuters) -A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting…
Lucid posts quarterly revenue well below estimates as EV price war hits demand
By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle (EV) maker Lucid Group Inc reported lower-than-expected first-quarter revenue on Monday…
Mexico rolls out investment plans for southern industrial corridor
By Kylie Madry MEXICO CITY (Reuters) -The Mexican government on Monday set out fresh details of a plan to attract…
UK sales growth holds steady in April, retailers hope for better summer
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were…
Crypto exchange Bittrex files for bankruptcy after SEC complaint
By Dietrich Knauth (Reuters) – Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S….
New York Times to get around $100 million from Google over three years – WSJ
(Reuters) – The New York Times is getting around $100 million from Google over three years as part of a…
Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms
By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit…
Canada’s Cenovus Energy shuts down some production due to Alberta wildfire
(Reuters) – Canada’s Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its…