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01 Jun

US auto safety agency fails to meet internal timelines in defect probes -report

The National Highway Traffic Safety Administration (NHTSA) routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found.

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01 Jun

US judge won't yet approve Deutsche Bank $75 million settlement with Epstein accusers

NEW YORK (Reuters) -A U.S. judge on Thursday stopped short of approving Deutsche Bank AG's $75 million settlement with women who said that Jeffrey Epstein abused them, and that the German bank facilitated the late financier's sex trafficking.

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01 Jun

The Gap beats shareholder lawsuit over commitment to diversity

The Gap Inc on Thursday beat a shareholder lawsuit claiming the company's directors breached their duties by making misleading statements in securities filings about the retailer's commitment to racial diversity in its leadership ranks.

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01 Jun

Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules

Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday.

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01 Jun

Fed emergency lending to banks ticks down in latest week

Federal Reserve emergency lending to banks edged down in the latest week, driven by a decline in "other credit" to government wind-downs of failed banks, to $188.1 billion on Wednesday from $192.6 billion a week earlier, according to Fed data released on Thursday.

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01 Jun

Boeing 'standing down' from debut crewed Starliner flight

Boeing Co will "stand down" from preparations for its first crewed Starliner test flight to space, which was planned for July, after the company discovered a flammable tape material and issues with the spacecraft's parachutes, a Boeing official said on Thursday.

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01 Jun

J&J secures dismissal of whistleblower case over misuse of confidential info

A federal appeals court, in a decision unsealed Wednesday, upheld the dismissal of a whistleblower lawsuit against Johnson & Johnson as a sanction for the plaintiffs' misuse of confidential records they obtained through related litigation.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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