pay
By Utkarsh Shetti and Nathan Gomes (Reuters) – Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric (NYSE:), United Technologies (NYSE:) and others. But many of those companies have since broken apart, and shares…
By David Shepardson (Reuters) -General Motors’ self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence a federal investigation and will pay a $500,000 criminal fine as part of a deferred prosecution agreement, the Justice Department said. The department said Cruise failed to disclose key details…
President-elect Donald Trump has not outlined his policy towards Taiwan.On the campaign trail, he said Taiwan should pay the US for protection.In 2025, Taiwan will have to contend with uncertainty on whether the US will protect it, or play it. On Wednesday, Taiwanese leader Lai Ching-te congratulated Donald Trump on…
Facebook bought WhatsApp a decade ago for $22 billion.WhatsApp is finally starting to look like a real business for parent company Meta.The messaging app is fueling Meta’s non-advertising revenue growth.That’s a win for Meta’s broader strategy of monetizing DMs across its apps. Meta dropped $22 billion on WhatsApp a decade…
The US Department of Justice filed a lawsuit against Lyft on Friday.The FTC said Lyft made “deceptive” claims about how much money drivers could earn per hour.Lyft agreed to a proposed settlement that included a $2.1 million civil penalty. Lyft has agreed to pay a $2.1 million civil penalty as…
Chipmaker GlobalFoundries began offering student loan debt relief to eligible employees this summer.The benefit is aimed at helping the company attract and retain workers.This comes as firms across the semiconductor industry are concerned about workforce challenges. When Morgan earned her bachelor’s degree in 2018, she graduated with over $20,000 in…
Greg Clement built a net worth of $70 million through real estate and software development.He lives on a farm, and says farm work shows his sons delayed gratification.Clement still works and forgoes private jets for tenting vacations. This as-told-to essay is based on a conversation with Greg Clement, founder of…
Kemo Sabe in Jackson, Wyoming, customizes high-end Western hats that cost up to $895.Rihanna, Shania Twain, and other celebrities have dished out for the luxurious ranch hats.I went behind the scenes to see how the hats are shaped, stylized, and branded for custom looks. “Oh man, it’s my husky out…
By Brendan Pierson (Reuters) -Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict follows previous consecutive victories for Bayer (OTC:) in that court. The company had won 14…
By Sarah El Safty and Muayad Kenany DUBAI/NAJAF, Iraq (Reuters) – A bumper harvest and a hefty grain surplus in Iraq, typically one of the Middle East’s biggest wheat importers, has left the government with the prospect of a net loss of nearly half a billion dollars, according to Reuters…
