By Jonathan Stempel (Reuters) -Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle…
Category: Business
Disney laying off several hundred in film, TV, finance
(Reuters) -Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar…
US court extends deadline for improved bids in Citgo parent’s auction
HOUSTON (Reuters) – A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares…
JPMorgan CEO Dimon backs US taxing carried interest, warns of bond market trouble
By Ateev Bhandari (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Friday that the U.S. should be taxing carried interest,…
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
(Reuters) -Rivian Automotive is working with JPMorgan Chase on a potential high-yield bond sale, in part to refinance its upcoming…
Exclusive-China magnet pinch threatens car production, automakers warn
By David Shepardson WASHINGTON (Reuters) -U.S. auto executives are sounding the alarm on an impending shortage of rare-earth magnets from…
Goldman Sachs says deal outlook is good, but timing is uncertain
By Tatiana Bautzer NEW YORK (Reuters) -Goldman Sachs President John Waldron said on Thursday that the outlook for investment banking…
HP cuts annual profit forecast as tariffs weigh on demand, shares fall
By Juby Babu (Reuters) -HP Inc cut its annual profit forecast on Wednesday as it expects a moderation in PC…
Nvidia forecasts revenue below estimates as US restrictions cost $8 billion in sales
(Reuters) – Nvidia beat sales expectations during its fiscal first quarter but forecast second-quarter revenue below market estimates on Wednesday, expecting…
Salesforce raises annual results forecast on strong cloud spending
(Reuters) – Salesforce raised its revenue and adjusted profit forecast for fiscal 2026 on Wednesday, as the enterprise software provider…