The social media persona "Roaring Kitty" at the center of last month's frenzied rally in shares of GameStop Corp violated securities laws and caused "huge losses" for investors, according to a class action lawsuit filed in federal court in Massachusetts.
Jaguar Land Rover said on Wednesday (Feb 17) it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030.
Facing a still-scarred economy that may need an extended time to recover fully, Federal Reserve officials last month debated how to lay the groundwork for the public to accept coming higher inflation.
Jaguar Land Rover has announced plans to cut 2,000 non-factory jobs, just days after it committed to its UK plants and revealed a huge investment in a zero emission future, the Sky News reported on Wednesday.
New York's attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed Inc for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling "worthless" digital tokens.
The U.S. Federal Aviation Administration on Wednesday issued an airworthiness directive for certain Boeing Co 787 airplanes, asking for inspection of the jets following reports of torn decompression panels in the bilge area.
London-listed online trading platform Plus500 plans to venture into North America after a surge in profits for 2020 as company benefited from a boom in small-time traders making big bets on financial markets.
A deep freeze kept the Texas energy sector in the dark for a fifth day on Wednesday, as oilfield producers remained without power and at least a fifth of U.S. refining output was still offline.
Six mobile advertising companies said Wednesday they have formed a partnership to help marketers and app developers adjust to upcoming Apple Inc changes that will affect how advertising works on iPhones.
Fed officials have privately signaled to Wells Fargo & Co that they have accepted its proposal for overhauling risk management and governance, Bloomberg News reported, citing people with knowledge of the matter.
