Business

JPMorgan cuts nearly 40 investment bankers in US – source

Friday, June 23 by SRN News

By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S., a source with knowledge of the matter said. The reductions come after months of sluggish markets that have depressed dealmaking across... Read More.

Lofty valuations on US stocks a growing worry for investors

Friday, June 23 by SRN News

By Lewis Krauskopf NEW YORK (Reuters) – Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. The S&P 500 pulled back for the week though it is... Read More.

Honda recalling 1.3 million vehicles worldwide for rear camera issue

Friday, June 23 by SRN News

By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and 2019-2023 Passport... Read More.

US House panel critical of Twitter probe to question FTC chair at July 13 hearing

Friday, June 23 by SRN News

By David Shepardson WASHINGTON (Reuters) -U.S. Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday. This... Read More.

Hermes wins permanent ban on ‘MetaBirkin’ NFT sales in US lawsuit

Friday, June 23 by SRN News

By Blake Brittain (Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens following a jury’s verdict that they violated the French luxury house’s trademark rights in its famed... Read More.

SolarWinds executives receive Wells notice from US SEC

Friday, June 23 by SRN News

(Reuters) – SolarWinds said on Friday that some of its former and current executives had been issued a Wells notice by the U.S. Securities and Exchange Commission over a massive cyberattack in 2020 that the software firm was tied to. While... Read More.

Exclusive-Nissan investigates claims CEO put deputy under surveillance

Friday, June 23 by SRN News

By Daniel Leussink, Norihiko Shirouzu and Maki Shiraki TOKYO (Reuters) – Nissan has launched an investigation into claims by a senior adviser that Chief Executive Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of... Read More.

Stocks fall, dollar up as investors weigh more rate hikes

Friday, June 23 by SRN News

By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the U.S. dollar rose on Friday as investors digested comments from Federal Reserve officials that signalled further interest rate hikes ahead. Major U.S. stock indexes posted losses for the week,... Read More.

Volkswagen prevails against US counties’ diesel emissions claims

Friday, June 23 by SRN News

By Brendan Pierson (Reuters) – A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker by two U.S. counties over its diesel emissions cheating scandal. U.S. District Judge Charles Breyer in San Francisco ruled Thursday that Utah’s... Read More.

FTC chair to testify before US House panel July 13

Friday, June 23 by SRN News

WASHINGTON (Reuters) – Federal Trade Commission Chair Lina Khan is set to testify before the Republican-led House Judiciary Committee on July 13, a committee spokesperson confirmed Friday. In April, the committee subpoenaed Khan for documents related to the regulatory agency’s privacy... Read More.

Current Weather

JPMorgan cuts nearly 40 investment bankers in US – source

Lofty valuations on US stocks a growing worry for investors

Honda recalling 1.3 million vehicles worldwide for rear camera issue

US House panel critical of Twitter probe to question FTC chair at July 13 hearing

Hermes wins permanent ban on ‘MetaBirkin’ NFT sales in US lawsuit

SolarWinds executives receive Wells notice from US SEC

Exclusive-Nissan investigates claims CEO put deputy under surveillance

Stocks fall, dollar up as investors weigh more rate hikes

Volkswagen prevails against US counties’ diesel emissions claims

FTC chair to testify before US House panel July 13

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