By Aatreyee Dasgupta and Kannaki Deka (Reuters) -Vacation property operator Hilton Grand Vacations said on Monday it would buy peer Bluegreen Vacations in a $1.5 billion deal including debt, to attrac[...]
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Fed’s Bostic, cheered by jobs data, still leans against further rate hikes
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic, weighing in after the release of the latest round of jobs data, said on Friday that the economy’[...]
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Key moments in Sam Bankman-Fried’s fraud trial
By Jody Godoy (Reuters) – Sam Bankman-Fried was convicted on Thursday of defrauding customers of his now-defunct cryptocurrency exchange, FTX. Here are some key moments from the trial: ‘BU[...]
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Uber, Lyft to pay $328 million to settle New York wage theft claims
By Jonathan Stempel NEW YORK (Reuters) – Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheat[...]
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US jury finds realtors liable for inflating commissions, awards $1.78 billion damages
By Mike Scarcella and Jonathan Stempel (Reuters) -A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire[...]
Read moreGlobal business cycle is in transition: Kemp
By John Kemp LONDON (Reuters) -Global economic activity was mixed during the third quarter of 2023, with distinct signs of improvement in the United States and China but continued sluggishness elsewhe[...]
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Investors on edge as Middle East conflict intensifies
By Lewis Krauskopf NEW YORK (Reuters) -Investors are watching for signs that the conflict in the Middle East may be escalate over the weekend, potentially ratcheting up volatility as investors await a[...]
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Music streaming was 2022’s top moneymaker for songwriters, composers
(Reuters) – Streaming became the largest source of income for composers and songwriters in 2022 and helped boost their collections by more than a quarter to 10.83 billion euros ($11.44 billion),[...]
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T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates
By Samrhitha A (Reuters) -T-Mobile US raised the lower end of its annual free cash flow forecast on Wednesday as it beat estimates for quarterly profit and subscribers additions on the back of cheaper[...]
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