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Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout By Reuters
Stock Market

Twitter owes ex-employees $500 million in severance, lawsuit claims By Reuters

2/2 © Reuters. FILE PHOTO: Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April

Kia to invest $200 million in Georgia plant, build EV9 SUV in 2024 By Reuters
Stock Market

Kia to invest $200 million in Georgia plant, build EV9 SUV in 2024 By Reuters

© Reuters. A KIA logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Zara founder Ortega buys US warehouse for $109 million By Reuters

© Reuters. FILE PHOTO: Inditex founder Amancio Ortega attends the C.S.I Casas Novas international show jumping contest in the Spanish northwestern town of A Coruna

Finances

Illumina hit with record $476 million EU antitrust fine over Grail deal By Reuters

© Reuters. FILE PHOTO: The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake/File Photo By

Illumina Fined More Than $400 Million in Europe for Closing Grail Deal Early
Business

Illumina Fined More Than $400 Million in Europe for Closing Grail Deal Early

The European Union’s antitrust watchdog fined the company with the maximum allowable amount for wrapping up its acquisition of the cancer-test developer while the agency

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Business

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link

Unstable markets drag Canadian M&A, debt issuance to four-year low By Reuters
Stock Market

Bank of America agrees to pay $250 million over junk fees, other violations By Reuters

© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019.

Bank of America Ordered to Pay $250 Million Over Wrongful Fees
Finances

Bank of America Ordered to Pay $250 Million Over Wrongful Fees

The CFPB also said the bank withheld credit card rewards and opened accounts without consent. Source link

NAGA reports Revenues of €11.6M in Q1-2023, return to (EBITDA) profitability
Finances

NAGA sees 32% Revenue decline in Q2-2023 to €7.9 million

Social trading focused online broker NAGA Group (ETR:N4G) has announced some preliminary financial and operating figures for the just-closed first half of 2023, providing some

Meta's Twitter rival Threads hits 100 million users in record five days By Reuters
Stock Market

Meta’s Twitter rival Threads hits 100 million users in record five days By Reuters

© Reuters. FILE PHOTO: Meta Threads and Twitter app logos are seen in this illustration taken, July 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Meta