Moody’s Shutting Consulting Business In China, Cutting Staff
HONG KONG (Reuters) – Moody’s Corp is shutting its China consulting business and is laying off people associated with the…
Headlines
Stocks end higher on Wall Street but still fall for the week
A late-afternoon rally on Wall Street helped stocks close higher Friday, though the major indexes still wound up finishing lower…
Marketmind: Tough Fed Talk
A look at the day ahead in markets from Anshuman Daga While Fed speakers talk tough on interest rates and…
Asia-Pacific leaders seek unity on war, economic ills, virus
BANGKOK (AP) — Pacific Rim leaders were striving to find common ground on the war in Ukraine and other dire…
Zuckerberg Says WhatsApp Business Chat Will Drive Sales Sooner Than Metaverse
By Paresh Dave and Katie Paul (Reuters) – Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that…
Amazon CEO says layoffs will extend into next year
NEW YORK (AP) — The mass layoffs that began in Amazon’s corporate ranks this week will extend into next year,…
After Elon Musk’s Ultimatum, Twitter Employees Start Exiting
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) – Hundreds of Twitter employees are estimated to be leaving the…
U.S. Regulator Warns Of Pump-and-dump IPOs, Many From China
By Echo Wang NEW YORK (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing…
U.S. Mandates New Comparison Internet Service Labels
By David Shepardson WASHINGTON (Reuters) -U.S. broadband providers must display information similar to nutrition labels on food products to help…
Senators to FTC: Probe Twitter security, take needed action
WASHINGTON (AP) — Reacting to the tumult and mass layoffs at Twitter under its new owner Elon Musk, a group…