Robinhood buys back $605 million stake once owned by Sam Bankman-Fried
Robinhood Markets has repurchased $605 million worth of shares that previously belonged to Sam Bankman-Fried, the disgraced crypto mogul, capping a contentious ownership dispute.
2023-09-02 01:16
U.S. airlines, travel industry gear up for Labor Day weekend surge
By Priyamvada C U.S. airlines and airports have geared up for a busy weekend ahead of the Labor
2023-09-02 00:52
Volkswagen, Renault shares hit by rare 'sell' rating as Chinese competition grows
Shares in Europe's largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their business from Chinese competitors.
2023-09-02 00:50
Moody's lifts 2023 U.S. growth forecast, cuts China's for 2024
By Marc Jones LONDON Credit rating agency Moody's raised its 2023 U.S. economic growth forecast on Friday but
2023-09-02 00:47
Amgen settles with the FTC over $28 billion deal
The Federal Trade Commission will allow pharmaceutical giant Amgen to move ahead with its acquisition of Horizon Therapeutics, averting a trial set for September.
2023-09-02 00:29
Walgreens CEO steps down
Walgreens Boots Alliance on Friday said that CEO Rosalind Brewer has stepped down less than three years after taking the helm at the pharmacy chain.
2023-09-02 00:25
Drugmaker Novo Nordisk overtakes LVMH as Europe's most valuable company
By Lucy Raitano and Danilo Masoni LONDON (Reuters) -Danish drugmaker Novo Nordisk unseated LVMH as Europe's most valuable listed company
2023-09-02 00:23
Humana sues to block Medicare's clawbacks rule
Humana Inc on Friday sued the U.S. government to block a policy that would allow Medicare to take
2023-09-01 23:58
US NLRB to probe if GM, Stellantis failed to bargain in good faith
WASHINGTON The National Labor Relations Board said Friday it will investigate unfair labor practice charges filed by the
2023-09-01 23:58
Why the unemployment rate went up in August even though 187,000 jobs were added
Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn't the case in August.
2023-09-01 23:53
Taylor Swift Eras Tour movie breaks presales records at AMC Theatres
Taylor Swift's concert film has already broken theater records more than a month ahead of its October 13 release. AMC Theaters said Friday that the singer's Eras Tour concert movie "shattered records for single-day advance ticket sales revenue," with $26 million of tickets sold on Thursday.
2023-09-01 23:22
Fed seen likely done with rate hikes as job market cools
By Ann Saphir (Reuters) -The U.S. Federal Reserve is likely done raising interest rates, traders bet on Friday after a
2023-09-01 22:58