[ad_1] (Reuters) – U.S. prosecutors announced criminal charges accusing the founders of Outcome Health of overseeing a scheme to overbill clients and fraudulently obtain nearly $1 billion of funds, including from major investors. FILE PHOTO:
Americans, not Chinese, pay Trump tariffs – New York Fed study
[ad_1] WASHINGTON (Reuters) – When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost – implying Chinese firms would have to cut their prices to absorb import
Tesla shares rise as Musk says Cybertruck orders hit 200,000
[ad_1] (Reuters) – Tesla Inc (TSLA.O) shares rose 4% on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup. The
Pound gains as Conservative vote lead promises end to political uncertainty
[ad_1] LONDON (Reuters) – Sterling climbed from recent lows as polls continued to show the ruling Conservatives as runaway favourites to win the Dec. 12 election with a pledge to implement Brexit and halt 3-1/2
Aramco IPO retail subscription at $5.8 billion, says lead manager
[ad_1] FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.
LVMH aims to restore Tiffany’s sparkle with $16.2 billion takeover
[ad_1] PARIS (Reuters) – Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet, as the French luxury goods maker bets it can restore the U.S. jeweller’s lustre
EBay to sell ticketing unit StubHub for $4.05 billion
[ad_1] The eBay logo is pictured on a phone screen in this photo illustration in New York, U.S., July 23, 2019. REUTERS/Brendan McDermid/Illustration (Reuters) – EBay Inc will sell its ticketing unit, StubHub, for $4.05
SoftBank’s Oyo reveals over $330 million annual loss; revenue surges – valuation report
[ad_1] BENGALURU (Reuters) – SoftBank-backed Oyo Hotels and Homes’ losses ballooned sixfold in the year to March, while its revenue more than quadrupled, a valuation report filed by the India-based hotel chain with local regulators
Charles Schwab to buy TD Ameritrade in $26 billion all-stock deal
[ad_1] (Reuters) – Charles Schwab Corp (SCHW.N) will buy TD Ameritrade Holding Corp (AMTD.O) in an all-stock deal valued at $26 billion, the two largest U.S. discount brokerages said on Monday, as they try to
U.S.-based chip-tech group moving to Switzerland over trade curb fears
[ad_1] SAN FRANCISCO/WASHINGTON (Reuters) – A U.S.-based foundation overseeing promising semiconductor technology developed with Pentagon support will soon move to Switzerland after several of the group’s foreign members raised concerns about potential U.S. trade curbs.