European Union agrees post-Brexit rules for hedge funds

(Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of…

FTX sues Bankman-Fried, others to recoup more than $1 billion

(Reuters) -FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup…

4 big earnings hits: Tesla beats but shares sink; Netflix takes a slide

Tesla Tesla (NASDAQ:TSLA) late Wednesday reported earnings of $0.91 per share – surpassing the $0.79 Wall Street consensus – on…

Global retailers cash in on Barbie movie craze

(Reuters) – Shoppers are snapping up Barbie hoop earrings, perfume, jumpsuits, and dresses as retailers seek to cash in on…

Tesla’s Elon Musk optimistic on progress for self-driving, robots

(Reuters) – Tesla (NASDAQ:TSLA) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software…

Dead EV batteries turn to gold with U.S. incentives

(Reuters) – A little-publicized clause in the U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in…

OpenAI’s head of trust and safety steps down

(Reuters) – OpenAI’s head of trust and safety Dave Willner is leaving the company, he said in a LinkedIn post…

European shares flat as energy firms counter tech drag

(Reuters) – European shares were muted on Friday, as a slump in technology stocks following software maker SAP’s downbeat forecast…

American Airlines shares drop on early signs of weakening pricing power

(Reuters) -American Airlines raised its annual profit forecast on Thursday on strong travel demand, but its shares slipped 6% on…

Canada relieved dock workers have lifted their strike notice – minister

(Reuters) – The Canadian government is relieved that dock workers in the Pacific province of British Columbia have lifted their…