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 securities transactions, putting investors and
Biden has ‘limited ability’ to step up border security, Democratic senator says
By Ted Hesson (Reuters) – U.S. President Joe Biden has “limited ability” to step up security at the U.S.-Mexico border via executive action, a top
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state
JPMorgan to pay $100 million over CFTC trade reporting violations
(Reuters) -JPMorgan Chase & Co will pay $100 million and admit it broke U.S. Commodity Futures Trading Commission rules in connection with trade reporting lapses,
Live Nation ‘suffocates its competition,’ US says in monopoly lawsuit
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30 states and the District of
Airlines, hotels, retailers fear being left out in Google’s search changes
By Foo Yun Chee BRUSSELS (Reuters) – Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes
Inflation data, presidential debate could sink summer rally
By David Randall NEW YORK (Reuters) – The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and
Novavax awaits FDA decision on whether its next COVID shot can be offered in US
By Michael Erman (Reuters) – Novavax will only be able to offer a COVID-19 vaccine in the United States this autumn if regulators accept the
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the