Reuters US Business Archives - Page 52 of 2312

Virtu, a large market maker, to pay $2.5 million SEC fine over client trading data

4 Dec 2025 4 Dec 2025

NEW YORK, Dec 3 (Reuters) – Virtu Financial will pay a $2.5 million fine to settle U.S. Securities and Exchange Commission accusations the large market maker improperly allowed almost all employees at its broker-dealer unit access to confidential information about customers and their trades. The broker-dealer unit Virtu Americas, which according to the SEC handled …

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Morgan Stanley exec expects broad surge in M&A

4 Dec 2025 4 Dec 2025

By Tatiana Bautzer and Lananh Nguyen NEW YORK, Dec 3 (Reuters) – Morgan Stanley is seeing a strong deal pipeline next year for mergers, acquisitions and IPOs, its co-head of investment banking, Mo Assomull, said on Wednesday. M&A pipelines are broadly healthy across sectors, with technology, healthcare, industrials and financials being particularly active, he said …

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Push is on in US Congress to impose ban on lawmaker stock trades

4 Dec 2025 4 Dec 2025

By Richard Cowan WASHINGTON, Dec 3 (Reuters) – A bipartisan coalition in the U.S. Congress is seeking action to ban lawmakers from buying and selling individual stocks, a practice that has long raised ethics questions and is stoking infighting among lawmakers over how deeply to regulate their personal finances. Republican Representative Anna Paulina Luna of …

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Boeing looks to close Spirit AeroSystems merger this year as FTC orders divestitures

3 Dec 2025 3 Dec 2025

By Dan Catchpole Dec 3 (Reuters) – Boeing said on Wednesday it could close its $4.7 billion acquisition of wing and fuselage maker Spirit AeroSystems by the end of the year after a U.S. regulator said it could proceed, so long as it carried out divestments that have largely been agreed to with rival Airbus. …

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Intel says it will keep networking and communications unit

3 Dec 2025 3 Dec 2025

Dec 3 (Reuters) – Intel said on Wednesday it has opted to keep its networking and communications unit in the company following a review of strategic options for the unit. Intel had previously explored selling various assets while it weighed options on how to improve its financial position. Over the summer, Intel clinched an $8.9 …

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Brazil judge orders government to add JBS subsidiary to ‘dirty list’ for slavery

3 Dec 2025 3 Dec 2025

By Fabio Teixeira RIO DE JANEIRO, Dec 3 (Reuters) – A federal labor judge in Brazil ordered the government to add a poultry unit of meatpacker JBS to a so-called “dirty list” of employers responsible for subjecting workers to slavery-like conditions, according to a Tuesday court ruling seen by Reuters. The case stems from a …

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Rivian to recall nearly 35,000 US delivery vans over seat belt issue

3 Dec 2025 3 Dec 2025

Dec 3 (Reuters) – Rivian Automotive is recalling 34,824 electric delivery vehicles in the U.S. as their seat belt system may fail to properly restrain the driver, increasing the risk of injury during a crash, the EV maker said in a filing with the U.S. National Highway Traffic Safety Administration on Tuesday. Rivian said it …

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Shari Redstone’s new media venture matches her passion for telling authentic stories about Israel

3 Dec 2025 3 Dec 2025

By Dawn Chmielewski NEW YORK, Dec 3 (Reuters) – Shari Redstone’s exit from the media world was decidedly brief. Within a month of the sale of the family’s stake in Paramount Global, Redstone in September was named chair of the Israeli entertainment company Sipur, whose projects match the media mogul’s passion for telling stories that …

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Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports

3 Dec 2025 3 Dec 2025

Dec 3 (Reuters) – Bond investors have expressed concerns to the U.S. Treasury that Kevin Hassett could aggressively cut interest rates to align with President Donald Trump’s preferences, the Financial Times reported on Wednesday, citing several people familiar with the conversations. The discussions with executives at major Wall Street banks, asset management giants and other …

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Apple’s longtime design executive Alan Dye to join Meta

3 Dec 2025 3 Dec 2025

Dec 3 (Reuters) – Meta Platforms has hired Alan Dye, Apple’s longtime head of human interface design, a spokesperson for Apple confirmed on Wednesday, as the Facebook owner accelerates efforts to build AI-powered consumer devices. Dye, who will join Meta as chief design officer on December 31, started at Apple in 2006 and has led …

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Reuters ﻿US Business

Reuters US Business