(Reuters) – FedEx reported quarterly profit and revenue above Wall Street estimates on Thursday, as its cost-cutting efforts helped offset…
Disney $233 million settlement with employees wins approval
By Jonathan Stempel (Reuters) -A California judge has approved Walt Disney’s $233 million settlement with 51,478 Disneyland employees who said…
AI set to transform global trade, says World Trade Organization report
By Olivia Le Poidevin GENEVA (Reuters) – Artificial intelligence could boost the value of trade in goods and services by…
Fed’s Powell said central bank is cutting 10% of its staff
(Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday the U.S. central bank is undergoing a notable reduction in the ranks…
Google, PayPal partner to roll out AI-powered solutions across platforms
(Reuters) -Google and PayPal have entered a multi-year strategic partnership to bring new AI shopping and payment experiences to their…
US judge blasts Trump deportations to Ghana but says she lacks jurisdiction to hear suit
(Fixes typographical error in headline, please read “she lacks” instead of “he lacks”) By Ted Hesson WASHINGTON (Reuters) – A…
Tesla settles 2019 California crash lawsuit ahead of jury trial, Bloomberg News reports
(Reuters) -Tesla reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in…
BlackRock adds to key executive committee in talent shuffle, Financial Times reports
(Reuters) -BlackRock on Tuesday added 20 of its top executives to a committee which plays a vital role in shaping…
TikTok’s journey from global sensation to Trump target
(Reuters) -President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating…
Trump calls for ‘bigger’ interest rate cut ahead of Fed meeting
WASHINGTON (Reuters) -U.S. President Donald Trump on Monday called for Federal Reserve Chairman Jerome Powell to enact a “bigger” cut…