How Lyft's new CEO is 'copying' his former boss Jeff Bezos to turn around the company

David Risher had a rocky first week at his job.

2023-05-13 01:16

Everybody hurts: Los Angeles suffers as Hollywood strike hits 100 days

In his dry cleaning shop near the Warner Bros. and Disney studios, Tom Malian looks in despair at a carousel mostly empty of the shirts, jackets and pants it...

2023-08-09 09:28

New York says Trump should be found liable for fraud, even before a trial

By Jonathan Stempel NEW YORK (Reuters) -New York's attorney general on Wednesday asked a state judge to declare, even before

2023-08-31 07:27

UBS targets cost cuts of $10 billion as it absorbs Credit Suisse

UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.

2023-08-31 14:25

Garcelle Beauvais teams with Kellogg Foundation for a $90M plan to expand 'Pockets of Hope' in Haiti

Humanitarian donations to conflict-ravaged Haiti have dramatically declined since the assassination of its President Jovenel Moïse in 2021

2023-10-20 04:27

Bernard Arnault's lawyer dismisses allegations of money laundering as 'absurd'

A lawyer for Bernard Arnault has dismissed allegations of money laundering that triggered a preliminary investigation by French prosecutors into the billionaire's dealings with a Russian businessman, saying they are "as absurd as they are unfounded."

2023-10-02 21:50

Direxion rolls out Nvidia-focused ETFs for bulls and bears

Direxion is rolling out two new exchange-traded funds (ETFs) tied to the price movement in shares of Nvidia

2023-09-14 06:51

Mexico's poverty rate declines from 50% to 43.5% in four years as remittances almost double

The poverty rate in Mexico has declined from 49.9% to 43.5% of the population, according to the country's poverty analysis agency

2023-08-11 03:46

Morgan Stanley profit drops 18% as deal doldrums persist

(Reuters) -Morgan Stanley's profit slipped 18% in the second quarter as Wall Street's deal-making drought stunted revenue from investment banking.

2023-07-18 19:52

Spain’s Football Association Demands Rubiales Resignation

Top officials in Spain’s football association called on their disgraced chief, Luis Rubiales, to resign after kissing a

2023-08-29 07:18

Sri Lanka seeks bids in divestment of loss-making state carrier

COLOMBO Sri Lanka has invited bids for state-run carrier SriLankan Airlines as the island nation looks to reduce

2023-10-31 14:52

Thai jobless rate lowest in 3 years in Q1 as tourism rebounds

BANGKOK Thailand's unemployment rate hit a three-year low in the first quarter, the state planning agency said on

2023-05-22 11:28