S&P 500, Nasdaq close lower as traders cash in on latest megacap rally
By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory…
Economy
Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe
By Hannah Lang, Manya Saini and Niket Nishant (Reuters) -Coinbase Chief Executive Brian Armstrong on Wednesday hit back at U.S….
Marketmind: Indian rates, Japan GDP in the spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate…
Ryanair settles U.S. shareholder lawsuit over unionization comments
By Jonathan Stempel (Reuters) – Ryanair Holdings Plc and longtime Chief Executive Michael O’Leary reached a $5 million settlement of…
Nikola adjourns meeting to garner more support for share proposal
SAN FRANCISCO (Reuters) – Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal…
Bank failures, ‘hard landing’ still top-of-mind for hedge funds
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -Big U.S. hedge fund and family office investors on Wednesday cautioned…
Shares recoil from 13-mth high, Turkey’s lira hits record low
By Samuel Indyk and Koh Gui Qing LONDON (Reuters) -Global stocks retreated from a 13-month high on Wednesday and the…
US takes aim at China over Latin America trade tactics and fentanyl role
By Matt Spetalnick and Patricia Zengerle WASHINGTON (Reuters) – Senior U.S. policy makers took aim at China on Wednesday over…
New 787 issue could slow delivery of 90 jets in Boeing’s inventory
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing said on Tuesday it could be forced to slow deliveries of…
Binance CEO’s trading firm received $11 billion via client deposit company, SEC says
By Tom Wilson LONDON (Reuters) – Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around…