Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a US regulator and departures of senior executives viewed as future leaders. The billionaire told Twitter employees on a call that he could not rule … Read more

Wall Street ends higher than investors eye US midterms

Take-Two, Lyft slump on downbeat forecasts Amgen climbs on cholesterol drug data Indexes: S&P 500 +0.56%, Nasdaq +0.49%, Dow +1.02% Nov 8 (Reuters) – Wall Street ended higher on Tuesday during voting in midterm elections that will determine control of the US Congress, with investors betting on a political stalemate that could prevent major policy … Read more

US stocks end higher, Meta jumps as investors eye midterms

Meta Platforms rallies after report of job cuts Apple slips as COVID-19 curbs crimp iPhone production in China Indexes close: S&P 500 +0.96%, Nasdaq +0.85%, Dow +1.31% Nov 7 (Reuters) – Wall Street ended sharply higher Monday as investors focused on Tuesday’s midterm elections that will determine control of Congress, while shares of Meta Platforms … Read more

Adidas ends Kanye West partnership over anti-Semitism, hate speech

Adidas ends partnership immediately To take ~$250 mln hit to 2022 net income Adidas sole owner of design rights Oct 25 (Reuters) – Adidas AG (ADSGn.DE) is immediately terminating its partnership with Kanye West, the sporting goods maker said on Tuesday, reacting to a rash of offensive behavior from the American rapper and designer. The … Read more

More US companies charging employees for job training if they quit

WASHINGTON, Oct 17 (Reuters) – When a Washington state beauty salon charged Simran Bal $1,900 for training after she quit, she was shocked. Not only was Bal a licensed esthetician with no need for instruction, she argued that the training courses were specific to the shop and low quality. Bal’s story mirrors that of dozens … Read more

Indonesia soccer stampede kills 125 after police use tear gas in stadium

More than 320 injured during crowd stampede Indonesia football association suspends league to investigate Police say they fired tear gas to control crowd MALANG, Indonesia, Oct 2 (Reuters) – A stampede at a soccer stadium in Indonesia has killed 125 people and injured more than 320 after police police used tear gas to quell a … Read more

Queen Elizabeth’s coffin lowered into vault ahead of private burial

Queen’s coffin lowered into vault ahead of burial Monarchs and leaders gather in London for state funeral Thousands line streets for display of pomp and pageantry Queen Elizabeth was widely revered in Britain and beyond Death comes as Britain faces risk of economic crisis WINDSOR, England, Sept 19 (Reuters) – Queen Elizabeth’s coffin was lowered … Read more

Queen Elizabeth’s family rush to the side of ailing monarch

Register now for FREE unlimited access to Reuters.com register Doctors say queen, 96, under medical supervision Heir to the throne Prince Charles is with queen Family members head to Balmoral Castle BALMORAL, Scotland, Sept 8 (Reuters) – Britain’s royal family rushed to be with Queen Elizabeth after doctors said they were concerned about the health … Read more

Oil settles below $90 as recession fears mount

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo Register now for FREE unlimited access to Reuters.com register Sept 7 (Reuters) – Oil prices settled sharply lower on Wednesday, slumping below levels seen prior to Russia’s invasion of Ukraine as downbeat Chinese trade data … Read more

Fed minutes show more rate hikes coming, but pace could slow

The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S. March 27, 2019. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, Aug 17 (Reuters) – Federal Reserve officials saw “little evidence” late last month that US inflation pressures were easing, and steeled themselves to force the economy … Read more