Faraday Future interim CFO resigns, firm to restate certain financial reports
(Reuters) – Faraday Future Intelligent Electric said on Tuesday its interim finance chief has resigned and the company will restate…
Business
Buy Buy Baby stores set to shutter as Go Global’s deal falls apart – CNBC
(Reuters) – Bankrupt retailer Bed Bath & Beyond’s Buy Buy Baby stores are set to shutter after a last ditch…
UAW president says union prepared to strike Detroit Three
By David Shepardson (Reuters) – The head of the United Auto Workers, which represents 150,000 U.S. hourly workers at General…
Generative AI comes to Nasdaq, winning over engineers
By Jeffrey Dastin AUSTIN (Reuters) -Months since ChatGPT’s debut, engineers and marketers at the stock exchange operator Nasdaq are embracing…
Canada regulator proposes banks hold more capital to tackle mortgage risks
(Reuters) -Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to…
Bank of America to pay over $250 million over junk fees, other issues
By Chris Prentice (Reuters) -Bank of America on Tuesday agreed to pay $250 million in fines and compensation to settle…
Factbox – What’s next after US judge rules in favor of Microsoft-Activision deal?
(Reuters) – Microsoft cleared a major hurdle in its planned $69 billion purchase of videogame maker Activision Blizzard, as a…
Exclusive-TikTok parent ByteDance to allow US staff to cash out on shares -sources
By Echo Wang NEW YORK (Reuters) -ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by…
Marketmind: Markets upbeat, China cheer at last
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
FTC would face tough appeal of Microsoft-Activision order -experts
By Mike Scarcella (Reuters) – The U.S. Federal Trade Commission would face hurdles in any appeal of a court’s order…