By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) -Tropical Storm Francine was intensifying and on track to become a hurricane…
JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
Exxon CEO Woods’ message to future shareholder activists: follow the rules
By Ross Kerber and Svea Herbst-Bayliss NEW YORK (Reuters) – Exxon CEO Darren Woods on Tuesday had warning words for…
Siemens investing $60 million on high-speed train plant in upstate New York
ZURICH (Reuters) – Siemens is spending $60 million on a new U.S. factory to build high speed trains to whisk…
Losses from crypto scams grew 45% in 2023, FBI says
By Hannah Lang (Reuters) – Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than…
US SEC approves new audit quality benchmarks over Republican objections
(Reuters) – Wall Street’s top regulator on Monday gave the nod to new accounting standards set by a watchdog agency,…
Apple shows off new Watches, AirPods as it kicks off iPhone 16 AI event
By Max A. Cherney and Kenrick Cai CUPERTINO, California (Reuters) – Apple unveiled updated Watches and AirPods at an event…
Robinhood reaches $3.9 million settlement with California over crypto withdrawals
(Reuters) – A cryptocurrency platform run by Robinhood Markets will pay $3.9 million for failing to let customers withdraw cryptocurrency…
Cryptoverse: Bitcoin ETFs take $50 billion baby steps toward big time
By Suzanne McGee (Reuters) – Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds…
Buffett’s Berkshire offloads Bank of America shares again; total sales near $7 billion
(Reuters) – Warren Buffett’s Berkshire Hathaway has trimmed its stake in Bank of America once again, making the total sales…