UAW local unit at Ford’s Chicago plant vote to ratify deal
(Reuters) – Workers at Ford Motor (NYSE:F)’s Chicago assembly plant have voted to ratify a proposed contract with the automaker,…
Robinhood Q3 revenue falls short on slowing trading activity
Robinhood reported Tuesday mixed third-quarter results as revenue fell short of Wall Street estimates amid a decline in users on…
Lloyd’s of London to invest $65 million following slavery report
(Reuters) – Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade,…
Dollar rebound extends for third day before Fed’s Powell speech
(Reuters) – The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door…
GM’s Cruise to recall 950 driverless cars after accident involving pedestrian
(Reuters) – Cruise is recalling 950 driverless cars from the roads across the United States and may withdraw more following…
Why WeWork failed, and what is next
(Reuters) – Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring…
HSBC to launch digital assets custody service by 2024
HSBC Holdings Plc (LON:HSBA) has announced plans to introduce a custody service for digital assets such as tokenized securities by…
Jewellery maker Pandora raises sales forecast after Q3 profit beat
(Reuters) – Danish jewellery maker Pandora (OTC:PANDY) reported a smaller than expected drop in third-quarter profit on Wednesday as more…
TikTok owner ByteDance offers to buy back shares from staff at $160 apiece
(Reuters) – China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees…
Oil prices sputter near 3-month lows as demand concerns mount
(Reuters) – Oil prices struggled on Wednesday after sliding to their lowest levels in over three months in the previous…