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All in a day: Zuckerberg loses $29 billion, Bezos set to pocket $20 billion

By Eva Mathews and Nivedita Balu (Reuters) -Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire.

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Sculptor Capital director quits hedge fund in protest over CEO pay

By Svea Herbst-Bayliss (Reuters) -Sculptor Capital Management said on Thursday that a board member resigned in protest over the pay package the hedge fund firm plans to award its chief.

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Wall St ends winning run as Facebook forecast halts tech-led recovery

By David French (Reuters) – Wall Street snapped a four-session winning streak on Thursday, with all three benchmarks ending lower after Facebook-owner Meta Platforms’ dour forecast sent its stock plummeting.

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Toshiba to invest $1 billion to double power chip production

TOKYO (Reuters) – Toshiba (OTC:TOSYY) Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch.

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Union to weigh steps in U.S. refinery worker contract -message

By Erwin Seba HOUSTON (Reuters) – The United Steelworkers union (USW) will conduct meetings on Thursday to consider the next steps in talks for a new contract covering workers at.

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U.S. FAA sees ‘minimal disruptions’ to air travel from 5G amid safety concerns

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed “safely with minimal disruptions,” the head of.

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Banks open fixed income front in Europe’s data price battle

By Huw Jones LONDON (Reuters) – The price of bond market data has risen by half over the past five years, which could prompt some users to quit the market.

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Wall St posts 4th straight gain, Meta earnings rattle social media after hours

By David French (Reuters) – All three Wall Street benchmarks ended higher on Wednesday, rising for a fourth straight session after a turbulent start to the year, aided by upbeat.

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Meta Meltdown Drags Wall Street Lower at Open; Dow Down 220 Pts

By Geoffrey Smith  Investing.com — U.S. stock markets fell sharply at the opening on Thursday, pulled down by a slump in Meta Platforms (NASDAQ:FB) stock after its disappointing earnings update.

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Meta shares sink 20% as Facebook loses daily users for the first time

By Elizabeth Culliford and Nivedita Balu (Reuters) – Facebook (NASDAQ:FB) owner Meta Platforms Inc’s shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected.

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