Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
Month: May 2024
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose Tesla CEO Elon Musk’s $56…
Meme stock GameStop climbs after raising $933 million in share sales
(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing…
Hess shareholders approve merger with Chevron
By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2…
AI darling Nvidia’s market value surges closer to Apple
By Zaheer Kachwala (Reuters) – Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI…
Wall Street ushers in new era of faster trade settlement
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) -U.S. trading on Tuesday moved to a shorter settlement cycle for…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and current market expectations for easing…
Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales
By Casey Hall SHANGHAI (Reuters) – AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer…
Elon Musk’s xAI valued at $24 billion after fresh funding
(Reuters) -Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion…
Exclusive-Operations to destroy illegal roads in Colombia’s Amazon hit standstill, sources say
By Oliver Griffin BOGOTA (Reuters) – Government measures to destroy illegal roads in and around Colombia’s Amazon rainforest are stalled,…