Stock Market

Business News Stock Market

Samsung Commits $25 Million Investment On Metaverse Startup DoubleMe

by Vince Dioquino Tech and electronics giant Samsung has committed $25 million of investments on DoubleMe, an up and coming South Korean metaverse startup. The funding round also saw the participation.

Read More
News Stock Market

Florida governor signs bill stripping Disney of self-governing authority

By Maria Caspani and Dawn Chmielewski (Reuters) – Florida Governor Ron DeSantis on Friday signed a bill that strips Walt Disney (NYSE:DIS) Co of self-governing authority at its Orlando-area parks in retaliation.

Read More
News Stock Market

Panasonic workers in Mexico elect independent union, defeating top labor group

By Daina Beth Solomon MEXICO CITY (Reuters) -Workers at a Panasonic (OTC:PCRFY) auto parts plant in northern Mexico elected an independent union this week, marking another defeat for one of.

Read More
News Stock Market

Strike causes chaos at Amsterdam airport as holiday begins

By Anthony Deutsch AMSTERDAM (Reuters) -Amsterdam’s Schiphol airport urged travellers to stay away for several hours on Saturday as a strike by ground personnel at the start of a school.

Read More
Business News Stock Market

Reliance calls off $3.4 billion retail deal with India’s Future Group

By Aditya Kalra and Swati Bhat MUMBAI (Reuters) -India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group, saying it “cannot be implemented” after Future’s.

Read More
News Stock Market

U.S. labor board sues Starbucks over union retaliation claims

More than 200 Starbucks locations have filed paperwork to unionize under Workers United since August.Continue Reading  Source:CNBC.COM

Read More
Business News Stock Market

Air Lease to write off jets stranded in Russia, expects $802 million in charges

(Reuters) – Air Lease (NYSE:AL) Corp said on Friday it would write off the value of the 27 jets it has remaining in sanctions-hit Russia, a move that is expected.

Read More
News Stock Market

Broadcom under Antitrust scrutiny from FTC again – The Information

(Reuters) – Semiconductor maker Broadcom (NASDAQ:AVGO) Inc is under scrutiny from the U.S. Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on Friday..

Read More
News Stock Market

Stakes are high as megacap companies highlight big earnings week

By Lewis Krauskopf NEW YORK (Reuters) – Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook.

Read More
News Stock Market

EU sets new online rules for Google, Meta to curb illegal content

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google, Meta and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new.

Read More