Business News

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs, Bank of America and JPMorgan to pay a total of over $50 million to …

By Leah Douglas (Reuters) -Staff at the U.S. Department of Agriculture’s top research center have complained to federal regulators about hazards in the site’s ventilation system, four months after an …

(Reuters) – Brazil’s securities watchdog CVM said on Friday it has approved a mechanism similar to a plea bargain for cases related to bankrupt Brazilian retailer Americanas, in the midst …

By Lewis Krauskopf, Shashwat Chauhan and Shristi Achar A (Reuters) – The S&P 500 ended lower on Friday as investors digested implications of a U.S. inflation report for the Federal …

GENEVA (Reuters) -Global health aid agency Unitaid has written to Johnson & Johnson’s CEO, Joaquin Duato, urging “immediate action” to expand access to the company’s tuberculosis drug bedaquiline, which is …

By David Shepardson and Joseph White DETROIT (Reuters) – The chief executives of GM and Ford blasted United Auto Workers leaders on Friday, and UAW chief Shawn Fain responded in …

By Ron Bousso LONDON (Reuters) -BP’s top executive in the United States, Dave Lawler, is leaving the company, the energy company said on Friday in a memo to employees, less …

NEW YORK (Reuters) – Nano-X Imaging and its founder Ran Poliakine agreed to pay nearly $1.1 million to settle U.S. Securities and Exchange Commission charges accusing the Israeli medical imaging …

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of giant technology and …

By Lucia Mutikani WASHINGTON (Reuters) – Underlying U.S. inflation moderated in August, with the annual rise in prices excluding food and energy falling below 4.0% for the first time in …

By Mike Scarcella (Reuters) – Elon Musk’s X Corp, facing its own legal claims over unpaid rent, has sued a financial services company to recoup more than $713,500 in allegedly …

By David Shepardson WASHINGTON (Reuters) – Ford Motor Chief Executive Jim Farley on Friday accused the United Auto Workers union of holding up a new U.S. labor agreement in a …

(Reuters) – Robinhood Markets expects a $100-million charge in the third quarter to resolve some legal and regulatory matters that were previously disclosed, the trading app operator said on Friday. …

(Reuters) – Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus on its core businesses. Lenders …

By David Shepardson WASHINGTON (Reuters) – The Biden administration proposal to hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 …

(Reuters) -Britain’s antitrust regulator on Friday said it was examining whether Qualcomm’s purchase of Israeli auto-chip maker Autotalks would lessen competition in the UK market. The Competition and Markets Authority …

By David Randall and Yoruk Bahceli (Reuters) -Fiscal concerns and worries over a prolonged period of elevated interest rates sent government bonds tumbling in the third quarter, and some investors …

By Sinéad Carew NEW YORK (Reuters) – MSCI’S global equities ended Friday’s choppy session slightly lower as investors prepared for a likely U.S. government shutdown and adjusted portfolios for the …

CHICAGO (Reuters) – The release of commodity market-sensitive reports released by the U.S. Department of Agriculture (USDA) and other government agencies will be suspended if Congress fails to provide the …

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank on Friday held the benchmark interest rate at 13.25% for the third time in a row, citing stubborn inflation …

By Juveria Tabassum (Reuters) -Cruise operator Carnival narrowed its annual loss forecast and swung to a third-quarter profit thanks to higher ticket pricing and robust demand, but concerns around steep …

By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) – Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a rebound in volumes in …

By Nichola Groom and Jarrett Renshaw (Reuters) -The Biden administration’s plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, …

By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar was on track to post its biggest quarterly gain in a year on Friday and gains for the …