Dell reduces workforce as part of broader cost cuts
(Reuters) -Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring…
US SEC seeks $2 billion from Ripple Labs, chief legal officer says
By Jody Godoy (Reuters) -The U.S. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its…
Hedge funds flock to Europe, ditch US stocks
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds have been adding European stocks to their portfolios this year…
Trump’s Stormy Daniels hush money trial to start on April 15, judge rules
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump’s criminal trial on charges stemming from hush money paid…
Oil prices down on Gaza ceasefire talks, flat on the week
By Laila Kearney NEW YORK (Reuters) -Oil prices slipped on Friday and were flat on the week as the possibility…
FedEx soars on profit beat, improved margins in its Express unit
By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly profit and reported…
Exclusive-China’s Leapmotor to build EVs at Stellantis’ Polish plant, sources say
(Reuters) -Leapmotor electric vehicles (EVs) will be built at partner Stellantis’ Tychy plant in Poland, two people close to the…
US Senate takes up $1.2 trillion bill to avoid shutdown, midnight deadline looms
By David Morgan, Richard Cowan and Makini Brice WASHINGTON (Reuters) -The Democratic-majority U.S. Senate on Friday was trying to pass…
Yellen would welcome US legislation to aid cannabis banking access
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would…
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…