INVS08

Barclays has been fined $361 million for a fatal mistake

Sept 30 (Reuters) – Britain’s Barclays (Barclays) agreed a $361 million penalty with U.S. regulators on Thursday for “spectacular” failures that led to the sale of $17.7 billion worth of structured products, raising costs for a critical error. First year CEO CS Venkatakrishnan. The bank said after the London market closed on Friday that its …

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EXCLUSIVE: Brands post ads on Twitter next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets urging child pornography, the companies told Reuters. DIRECTV and Thoughtworks told Reuters late Wednesday that they have paused their ads on Twitter. …

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Wall St Week Ahead Investors are wondering when the sell-off in US stocks will end

A specialist trader operates at the New York Stock Exchange (NYSE) in New York City, US, September 22, 2022. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – A week of heavy selling has rocked US stocks and bonds, and many investors are bracing for more pain ahead. …

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Cryptoverse: After Merger, Ether Heads to Shanghai’s $20 Billion Bounty

Commemorative tokens representing the cryptocurrency networks Bitcoin, Ethereum, Dogecoin, and Ripple sink into water in this illustration taken on May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register SEPTEMBER 20 (Reuters) – The merger came, watched and won. This is not what you would guess from cryptocurrency prices. …

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Elon Musk confronts skeptics as Tesla prepares to unveil the Optimus robot

SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk blamed an overreliance on factory robots for sending the electric car maker into “production hell” four years ago, saying humans were better at certain jobs. How my times have changed. Texas-based Musk is now rolling out ambitious plans to deploy thousands of human-like robots, known as a …

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