Coinbase to face revived lawsuit by customers
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Friday revived a lawsuit by Coinbase customers who…
Category: Business
Tesla scraps low-cost car plans amid fierce Chinese EV competition
(Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a…
Volkswagen EVs ‘can’t keep up’ in China, CEO tells newspaper
BERLIN (Reuters) – Volkswagen wants to avoid setting “utopian” goals for its market share in China, its CEO told German…
Fed’s Kashkari says 2024 rate cuts under threat if inflation continues to stall
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday that at the U.S. central bank’s meeting last…
Exclusive-Google parent Alphabet weighs offer for HubSpot, sources say
By Anirban Sen and Milana Vinn (Reuters) -Google parent Alphabet has been talking to its advisers about the possibility of…
Levi Strauss surges on profit forecast raise as direct customer sales, cost cuts pay off
By Savyata Mishra (Reuters) – Shares of Levi Strauss & Co jumped 20% to a more than two-year high on…
Meta’s WhatsApp back up after global outage
(Reuters) -Meta Platforms-owned WhatsApp was back up on Wednesday after an hours-long outage at the smartphone messaging app disrupted services…
Nvidia supplier SK Hynix to invest $3.87 billion in US chip packaging plant
SEOUL (Reuters) – SK Hynix, the world’s second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion…
Moderna shares fall after judge sides with Arbutus in patent fight
(Reuters) -Shares of Moderna fell 4% on Wednesday after a U.S. judge issued an order that strengthened Arbutus’ arguments in…
Silver Lake to take Endeavor private in deal valuing entertainment firm at $13 billion
(Reuters) – Private equity firm Silver Lake, the biggest investor in Endeavor Group Holdings, on Tuesday said it had agreed…