GM Cruise cofounder, senior exec Dan Kan quits day after CEO exit
(Reuters) -General Motors' Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a
2023-11-21 03:15
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth
2023-05-18 22:19
Japan's defense ministry requests nearly 12% budget increase to bolster military's strike capability
Japan's defense ministry is requesting a nearly 12% budget increase that includes two warships with advanced radar and long-range cruise missiles
2023-08-31 13:48
Clash over LBGTQ+ decor at Starbucks leads to planned strikes at more than 150 stores in days ahead
More than 150 Starbucks stores across the country are planning to go on strike as the coffee chain and a union representing baristas got into a public dispute over displaying Pride decor in stores
2023-06-23 22:29
Human waste leaking from truck causes crashes on Connecticut highway
Human waste leaking from a tractor trailer caused crashes on a Connecticut highway Monday night including one involving two state police cruisers
2023-07-19 05:25
Thai Conservatives Stop Pro-Democracy Candidate From Becoming PM
Thai senators appointed by the army blocked pro-democracy candidate Pita Limjaroenrat from becoming prime minister in the first
2023-07-13 20:23
Judge dismisses suit against New York Fed over COVID-19 firings
By Jonathan Stempel NEW YORK A judge on Monday dismissed a lawsuit accusing the Federal Reserve Bank of
2023-09-26 02:46
Hong Kong Wealth Firms’ Gloom Spreads With Drop in Assets
Hong Kong’s private wealth managers are growing more pessimistic after a sharp drop in assets under management as
2023-10-06 14:51
US government readies for imminent shutdown
The US government has begun to inform workers of an impending shutdown that could see millions of federal employees and military personnel sent home or working without pay...
2023-09-29 01:47
Deutsche Bank to pay $75 mn in Epstein victim settlement: report
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme...
2023-05-18 12:57
Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
2023-06-26 18:52
Yellen sees 'progress' in rocky U.S.-China ties, expects more communication
By Andrea Shalal BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen said 10 hours of bilateral meetings with senior Chinese officials
2023-07-09 10:28
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