Bank of America pays $12 million fine for misreporting mortgage data
By Jonathan Stempel (Reuters) -Bank of America agreed to pay a $12 million fine to settle U.S. regulatory charges it…
Author: Trading Reports Daily
Meta says it will appeal US judge’s ruling in privacy fight with FTC
WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge’s ruling that…
Amazon announces new cloud AI chip as Microsoft rivalry intensifies
By Stephen Nellis (Reuters) -Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition…
Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of…
China, US exchange accusations over US vessel in South China Sea
BEIJING/SHANGHAI (Reuters) -China and the United States exchanged accusations at the weekend over the disputed South China Sea, after China’s…
X may lose up to $75 million by year-end on advertiser exodus – NYT
(Reuters) – Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the…
Amazon hit by strikes, protests across Europe during Black Friday trade
LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S.…
Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
By Suzanne McGee (Reuters) – ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge…
Investors pour $40 billion into stocks in two weeks as markets surge -BofA
By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow…
Tesla ready to invest up to $2 billion to build India factory, but with riders -ET
BENGALURU (Reuters) – Tesla is ready to invest up to $2 billion to set up a factory in India if…