Twitter owes ex-employees $500 million in severance, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay…
Business
Hollywood studios, actors agree to mediation as strike deadline looms
By Lisa Richwine LOS ANGELES (Reuters) -Negotiators for the SAG-AFTRA actors union agreed late Tuesday to call in a federal…
Roblox beta comes to Meta’s Quest VR headsets
(Reuters) – Roblox Corp’s eponymous online game will soon be available on Meta Platforms’ Quest virtual reality (VR) headsets, according…
US to decide on GM request to deploy self-driving cars
By David Shepardson WASHINGTON (Reuters) -U.S. regulators will soon decide on a petition filed by General Motors’ Cruise self-driving technology…
Domino’s to start using Uber for food orders, shares surge
By Granth Vanaik and Juveria Tabassum (Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the chain said customers can…
Bank of Canada hikes rates, says prepared to raise them further
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight rate by…
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…
US Senate committee votes to approve key FCC nominee
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate Commerce Committee on Wednesday voted to approve President Joe Biden’s nominee…
June inflation data may have pushed Fed over the mountaintop
By Howard Schneider WASHINGTON (Reuters) -A year after U.S. inflation peaked and touched off an aggressive turn in monetary policy,…
Lucid shares drop as deliveries take hit from Tesla’s price war
By Akash Sriram (Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat,…