MIsc. News

By Lisa Baertlein and Ananta Agarwal (Reuters) -United Parcel Service plans to cut 12,000 jobs and explore strategic options for Coyote, its volatile trucking brokerage business, after the world’s largest …

(Reuters) – A judge on Tuesday invalidated Elon Musk’s record $56 billion pay package from Tesla, which was approved by the company’s shareholders in 2018. Tesla estimated in 2018 that …

By Zaheer Kachwala (Reuters) -Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and stiff competition hurt demand for its gaming titles. Shares of the company fell …

By Svea Herbst-Bayliss (Reuters) – Billionaire investor Kenneth Griffin, who has donated more than half a billion dollars to Harvard University, has halted his giving to the school over how …

By Alexandra Ulmer (Reuters) -Hotelier Robert Bigelow told Reuters on Tuesday he gave Republican presidential candidate Donald Trump $1 million for his legal fees and agreed to donate another $20 …

By David Lawder WASHINGTON (Reuters) – The U.S. and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with …

By Jonathan Allen NEW YORK (Reuters) -The New York City Council voted on Tuesday to override Mayor Eric Adams’ vetoes of two bills it passed last month, one banning solitary …

By Tom Hals WILMINGTON, Delaware (Reuters) – The Delaware judge who rescinded Elon Musk’s record $56 billion compensation from Tesla on Tuesday has a reputation for her calm demeanor and …

(Reuters) – Exchange operator Nasdaq is planning to cut hundreds of jobs as it integrates fintech firm Adenza into its business and may reallocate others in a bid to minimize …

(Reuters) -Walmart said on Tuesday it will carry out a stock split of its outstanding shares at a ratio of 3:1, as part of its ongoing review of optimal trading …

By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO …

By Jody Godoy and Tom Hals (Reuters) – A Delaware judge on Tuesday invalidated Elon Musk’s $56 billion pay package for his work as Tesla’s chief executive, siding with a …

By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns around Chinese demand. …

By David Shepardson WASHINGTON (Reuters) – U.S. President Joe Biden will travel to Michigan on Thursday to meet with United Auto Workers members at an event at a Detroit-area union …

By Marianna Parraga and Mayela Armas HOUSTON/CARACAS (Reuters) – A reimposition of U.S. sanctions on Venezuela’s oil and gas sectors would hurt the OPEC country’s ability to collect cash from …

By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. Wednesday will bring prompt tests of the just-released International Monetary Fund upgrades of U.S. and Chinese …

By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs on Tuesday after strong U.S. labor market data again underscored …

By Jasper Ward and Brad Brooks (Reuters) -Actor Alec Baldwin will be arraigned on Thursday in New Mexico after he was charged again with involuntary manslaughter in the fatal 2021 …

By Akash Sriram and Hyunjoo Jin (Reuters) – Registrations of Tesla vehicles in California dropped 10% in the last quarter of 2023, the first fall in more than three years …

By Svea Herbst-Bayliss and Alexandra Ulmer (Reuters) – Hedge fund billionaire Kenneth Griffin gave $5 million to an outside group supporting Republican presidential candidate Nikki Haley this month, a person …

(This Jan. 26 story has been corrected to show that South Carolina last backed a Democrat president in 1976, not 2008, in paragraph 17) By Trevor Hunnicutt and Jarrett Renshaw …