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Meta’s Facebook, Instagram down for thousands of U.S. users – Downdetector
(Reuters) - Meta Platforms Inc's Facebook and Instagram were down for thousands of users in the United States on Wednesday, according to outage tracking website Downdetector.com. More than 12,000 Face...
Syndicated Content Feb 08, 2023
BNPL lender Affirm to cut about 19% of its workforce
(Reuters) - Buy-now-pay-later lending firm Affirm Holdings Inc on Wednesday announced a restructuring plan to reduce about 500 employees, or about 19% of its workforce, sending the company's shares do...
Syndicated Content Feb 08, 2023
New York law firm Shearman & Sterling lays off lawyers and staff
By Sara Merken (Reuters) - New York-founded law firm Shearman & Sterling said Wednesday it has laid off attorneys and business professionals, citing a need to "align our capacity levels with existing ...
Syndicated Content Feb 08, 2023
Crypto exchange Kraken under scrutiny for sale of unregistered securities- Bloomberg
(Reuters) - Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered securities, according to a Bloomberg report. The regulator...
Syndicated Content Feb 08, 2023
Surprise surprise!
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. With little on Thursday's Asian economic data docket aside from Taiwanese inflation, investors will take the...
Syndicated Content Feb 08, 2023
Sorry crypto world, but SEC isn’t backing down on ‘regulation by enforcement’
By Alison Frankel (Reuters) - For as long as I've been covering U.S. Securities and Exchange Commission litigation against crypto targets, the industry has harshly criticized the commission for bringi...
Syndicated Content Feb 08, 2023
Third Point says Bath & Body Works can do better, offers to help -letter
NEW YORK (Reuters) - Third Point LLC on Wednesday said Bath & Body Works can perform better financially and called the appointment of a new chief executive an "encouraging first step." This marks the ...
Syndicated Content Feb 08, 2023
Centene reaches $215 million settlement addressing California drug overcharges
By Jonathan Stempel (Reuters) - Centene Corp has reached a $215.4 million settlement with California to resolve accusations it overcharged a state program for affordable healthcare by falsely inflatin...
Syndicated Content Feb 08, 2023
U.N. aviation agency forecasts rapid growth in passenger demand in 2023
OTTAWA (Reuters) - The United Nations' aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter and tha...
Syndicated Content Feb 08, 2023
Mattel forecasts 2023 profit below estimates as inflation hits demand
By Granth Vanaik and Uday Sampath Kumar (Reuters) -Mattel Inc forecast 2023 earnings below estimates on Wednesday, joining rival Hasbro Inc in feeling the brunt of persistently high inflation that has...
Syndicated Content Feb 08, 2023
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