Stocks News

By Mike Scarcella (Reuters) – Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices.

By Angelo Amante, Giuseppe Fonte and Gavin Jones

By Diane Bartz WASHINGTON (Reuters) – Google will likely argue Thursday that the U.S. Justice Department’s allegations that it broke antitrust law to build and maintain its dominance of search are flawed and that its lawsuit should be thrown out, according to court filings.

(Reuters) – JPMorgan Chase & Co has cut dozens of base metals clients and slashed bankers’ bonuses after last year’s nickel crisis, Bloomberg News reported on Thursday, citing people familiar with the matter.

(Reuters) – BNP Paribas said on Thursday it has appointed José Placido as chief executive officer of its U.S. operations, effective April 1.

(Reuters) – Wells Fargo has named Saul Van Beurden as the chief executive officer of its consumer and small business banking (CSBB) unit, effective May 15, it said in a statement on Thursday.

By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Thursday said it referred 17 unruly passengers to the FBI for criminal investigation this year, taking the total of such referrals for violent and threatening incidents onboard planes to more than 250 since

By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an electric car plant in Bahia state amid stalled talks to take over a closed Ford plant, said three people familiar with discussions in Shanghai on

By Stephen Nellis (Reuters) – Amazon.com Inc’s cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed by artificial intelligence.

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, a further sign that labor market conditions were loosening up as higher borrowing costs dampen demand in the economy.

By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp paid Chief Executive Darren Woods $35.9 million last year, a 52% increase from a year before, according to securities filings released on Thursday.

(Reuters) – SoftBank has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported on Wednesday citing regulatory filings it had analyzed.

BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027.

By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating there were no grounds to suggest the carmaker would try to dodge financial obligations arising from two lawsuits brought by Russian carmaker GAZ.

By Simon Jessop LONDON (Reuters) – Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolutions at the annual meetings of leading U.S. and Canadian banks.

(Reuters) – Sarepta Therapeutics Inc’s shares fell as much as 19.4% premarket on Thursday as Stat News reported that the U.S. Food and Drug Administration’s staff were inclined to reject the company’s gene therapy which is currently under review.

(Reuters) – Pfizer said on Thursday it has signed a strategic cooperation agreement with China’s Sinopharm Group, and plans to seek approval to market 12 innovative drugs in China through 2025.

By Jeffrey Dastin (Reuters) – Amazon.com Inc did not grant its Chief Executive Andy Jassy any new stock in 2022, shrinking the pay gap between the online retailer’s top boss and rank-and-file employees, the company said Thursday in a securities filing.

Final demand prices experience decline in March, with goods prices as the main contributor

(Reuters) – Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices for cryptocurrencies, stocks and others assets.