JPMorgan deal forces Biden administration to defend record on mergers
By Andrea Shalal and Pete Schroeder WASHINGTON (Reuters) – JPMorgan Chase & Co’s deal to buy First Republic Bank pushed…
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How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) -On March 12, as several U.S. banks…
Ford’s Kentucky Truck Plant road-tests a new quality strategy
By Joseph White LOUISVILLE, Kentucky (Reuters) – Shutting down the assembly lines that build Super Duty pickup trucks at Ford…
Diamondback Energy sees oilfield inflation easing
By Liz Hampton DENVER (Reuters) – U.S. shale producer Diamondback Energy on Tuesday said rig prices are falling and steel…
Edtech Chegg tumbles as ChatGPT threat prompts revenue warning
By Medha Singh (Reuters) -What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc,…
Sysco Corp misses profit estimates on higher input costs
(Reuters) – U.S. food distributor Sysco Corp missed Wall Street expectations for third-quarter profit on Tuesday, hurt by higher raw…
Fisker partners with Ample for electric SUVs with swappable batteries
(Reuters) – Electric vehicle maker Fisker Inc said on Tuesday it would start delivering its sports utility vehicle Ocean with…
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan…
Jared Leto wears giant ‘Choupette’ costume to Met Gala
By Ben Kellerman NEW YORK (Reuters) – An enormous fluffy, white, blue-eyed Burmese cat mascot ascended the Metropolitan Museum of…
New Mexico rivers rage, fields dry after slow federal fire aid
By Andrew Hay ACEQUIA DE LA SIERRA, New Mexico (Reuters) – Rivers are roaring in northern New Mexico after a…