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international business
U.S. SEC chair says companies need guardrails, especially if using AI
FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly//File Photo
international business
Paramount Global reportedly laying off about 800 employees
FILE PHOTO: Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. REUTERS/Thilo Schmuelgen/File Photo
international business
Citigroup reportedly considering at least 10% job cuts in several major businesses
FILE PHOTO: Raindrops are pictured on a signboard of Citibank at its branch in Tokyo, February 23, 2009. Citigroup is in talks that could result in the U.S. government increasing its stake in what was the country's most valuable bank, a source said, and the Wall Street Journal said taxpayers could own as much as 40 percent of the ailing lender's common stock. REUTERS/Kim Kyung-Hoon (JAPAN)/File Photo
u.s. business
Fitch reportedly warns it may be forced to downgrade multiple U.S. banks, including JPMorgan
FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo/File Photo
international business
IMF’s Kristalina Georgieva reportedly sees no significant slowdown in lending
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), attends the panel discussion on Trade integration in Africa at Villa Rosa Kempinski Hotel in Nairobi on May 5, 2023. (Photo by Yasuyoshi CHIBA / AFP) (Photo by YASUYOSHI CHIBA/AFP via Getty Images)
international business
Ford halts production, shipments of F-150 Lightning over possible battery issue
FILE PHOTO: The Lightning logo is seen on the side of an all-new Ford F-150 Lightning electric pickup truck outside the Ford Motor World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/ Rebecca Cook/File Photo
international business
Adidas puts partnership with Kanye West under review
energy and resources
OPEC not to blame for soaring inflation, secretary-general says
international business
Uber to reportedly scale back hiring, reduce expenditure on marketing and incentive activities
technology
Amazon is not adding cryptocurrency as payment option anytime soon, CEO says
international business
Peloton plans workforce size review, production changes
u.s. business
Yellen says she expects inflationary pressures to ease by second half of 2022
energy and resources
U.S. calls on OPEC and its allies to increase oil production
asia-pacific business
Alibaba founder Jack Ma is ‘lying low’ and focusing on hobbies, philanthropy: executive
investment ideas
NYSE to ease floor restrictions for vaccinated traders
inside the market
Small investors winning standoff with short-sellers as social-media hype sends GameStop shares soaring
u.s. politics
Joe Biden plans to block Keystone XL pipeline as one of first acts in White House
economy
Fed policymakers do their own math on ‘average’ inflation
european business
Europe’s Just Eat Takeaway to buy U.S. delivery firm GrubHub for $7.3-billion