JPMorgan’s investment banking chair departs, memo says
(Reuters) – Wall Street giant JPMorgan Chase’s global chair of investment banking Jennifer Nason is set to leave the bank…
Category: Business
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after…
Soaring legal fees in snarled Citgo auction rankle companies
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Court advisers have billed nearly $30 million for a stalled auction…
Starbucks faces disruptions following ransomware attack on software supplier
(Reuters) – Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to…
Musk’s Neuralink to launch feasibility trial with brain implant, robotic arm
(Reuters) -Elon Musk’s brain technology startup Neuralink said on Monday it has received approval to launch a new feasibility study…
Zoom raises annual revenue and profit forecasts, expands share repurchase
(Reuters) -Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for…
Nvidia’s supply snags limit deliveries even as demand booms
By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) -Nvidia’s revenue forecast on Wednesday raised questions over whether the artificial…
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its…
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Elf Beauty stock slides after Muddy Waters says it has shorted its shares
By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge…