Jan 25, 2023
NYSE says manual error triggered major trading glitch

(Reuters) -The New York Stock Exchange said on Wednesday a manual error triggered a technical issue that prevented the opening auctions in some listed stocks, leading to widespread confusion and attracting a review from the U.S. Securities and Exchange Commission.…

Jan 23, 2023
Microsoft to invest more in OpenAI as tech race heats up

By Jeffrey Dastin (Reuters) -Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc's Google. Recently touting…

Jan 19, 2023
Bayer sued for barring non-U.S. citizen from Roundup settlement

By Jonathan Stempel (Reuters) -A new U.S. lawsuit on Thursday accused Germany's Bayer AG of illegally excluding a Virginia farmworker from a settlement over claims its Roundup weedkiller causes cancer, because she is not a U.S. citizen. The complaint said…

Jan 16, 2023
Household wealth optimism collapses, global survey shows

By Mark John (Reuters) - Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households. The Edelman…

Jan 16, 2023
Davos 2023: What you need to know about the WEF on Monday

DAVOS, Switzerland (Reuters) - The World Economic Forum (WEF) returned to Davos for its first winter session in three years with high expectations. Record numbers of government officials and business leaders were expected at the elite annual affair. However, the…

Jan 05, 2023
Factbox-Why are tech firms leading job cuts in Corporate America?

(Reuters) - Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Persisting inflation leading to interest rate hikes, weak consumer demand and an economic…