Chinese police query Bain’s Shanghai office staff – company spokesperson
(Reuters) -Chinese police have visited U.S. management consultancy Bain & Company’s office in Shanghai and questioned staff there, a company…
Business
US Supreme Court mulls legality of a state’s property tax ‘windfall’
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Wednesday appeared sympathetic toward a 94-year-old woman…
Goldman shareholder criticizes CEO Solomon’s leadership at annual meeting
By Tatiana Bautzer DALLAS (Reuters) -A Goldman Sachs Group Inc shareholder criticized its Chairman and CEO David Solomon on Wednesday…
US senator urges AI company CEOs to take steps to address risks
By David Shepardson WASHINGTON (Reuters) -The chair of the Senate Intelligence Committee on Wednesday urged CEOs of several artificial intelligence…
Biden administration says Republican debt plan would hurt rural communities
By Leah Douglas WASHINGTON (Reuters) – The Biden administration said on Wednesday the plan from U.S. Republican lawmakers to cut…
Bank stress likely to lead to tighter lending, corporate defaults – BofA credit survey
LONDON (Reuters) – Bank stress will likely be limited to a small number of banks but lead to tighter lending…
Uber drivers are not interstate workers exempt from arbitration, US court rules
By Daniel Wiessner (Reuters) – Uber Technologies Inc drivers are not exempt from a U.S. law requiring them to bring…
Boeing plans 737 MAX ramp-up, keeps cash-flow goal
By Valerie Insinna and Abhijith Ganapavaram (Reuters) – Boeing Co said on Wednesday that it planned to ramp up production…
Stellantis offering voluntary buyouts to 33,500 US employees
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis NV said Wednesday it is offering voluntary exit packages to 33,500 U.S….
US debt ceiling technical default seen at 2%-3%, says Summers
By Davide Barbuscia CHICAGO (Reuters) – Former U.S. Treasury Secretary Lawrence Summers said the odds that the U.S. government could…