Payroll processor Paychex misses revenue estimates on weak client spending
(Reuters) – Paychex missed Wall Street estimates for third-quarter revenue on Tuesday, hurt by sluggish client spending on its human…
China opposes US trade barriers report listing it as ‘primary concern’
BEIJING (Reuters) – China’s commerce ministry said on Tuesday it firmly opposes a United States’ report on foreign trade barriers,…
Trump Media shares plummet 21% days after debut
By Yuvraj Malik and Priyanka G (Reuters) -Shares of Donald Trump’s social media company plunged 21% on Monday, wiping out…
AT&T says leaked data set impacts about 73 million current, former account holders
(Reuters) -Telecom company AT&T said on Saturday that it is investigating a data set released on the “dark web” about…
UPS to replace FedEx as U.S. Postal Service’s primary air cargo provider
By Ananta Agarwal and Deborah Mary Sophia (Reuters) -United Parcel Service said on Monday it will become the United States…
OpenAI removes Sam Altman’s ownership of its Startup Fund
By Krystal Hu (Reuters) – OpenAI has changed the governance structure of its venture capital fund that backs AI startups,…
Citadel’s Griffin expects US economic landscape to be challenging, more favorable for fixed income
By Carolina Mandl NEW YORK (Reuters) – Citadel’s hedge fund billionaire Kenneth Griffin told investors he expects the medium-term economic…
Capital One-Discover merger deal termination fee set at $1.38 billion
(This Feb. 22 story has been corrected to change ‘any circumstances’ to ‘certain circumstances,’ in paragraph 1) (Reuters) – Discover…
China’s March factory activity expands for first time in six months
SHENZHEN, China (Reuters) -China’s manufacturing activity expanded for the first time in six months in March, an official factory survey…
Swatch buyers in China hesitate over higher prices, CEO says
ZURICH (Reuters) – The Chinese market is likely to be difficult until the end of the year with consumers hesitating…