Reuters Archives - Spark Newswire

2 minute read

US Supreme Court To Hear Nvidia’s Appeal Of Shareholder Crypto Suit

June 17, 2:54 PM

Nvidia will get a chance to argue its side of a court ruling that accuses the company of committing securities fraud after Supreme Court justices took up the chipmaker's appeal on Monday.

NVDA

2 minute read

Trump-Linked Stocks Digital World, Phunware Are Rising Wednesday: What’s Going On?

By Adam Eckert

January 31, 3:57 PM

Digital World Acquisition Corp and Phunware shares are trading higher Wednesday. New reports suggest President Joe Biden's approval ratings fell on a month-over-month basis.

DWAC

1 minute read

JetBlue CEO Comments “We Strongly Disagree With The Court’s Ruling”, Requests Expedited Appeal

By Erica Kollmann

January 30, 5:14 PM

According to a Reuters report, JetBlue and Spirit are seeking an expedited appeal aimed at reversing a lower court ruling that blocked the proposed $3.8 billion merger of the airlines. The airlines stated that the appeal should be expedited because the court may not have an opportunity to review the decision due to the outside closing date of July 24 of the merger agreement.

JBLU

2 minute read

Global
News

Tesla Has Been Cutting Corners For Years, Blaming Defective Part Failures On ‘Driver Abuse’: Report

By Adam Eckert

December 20, 1:56 PM

Tesla Inc (NASDAQ: TSLA) has reportedly been blaming customers for part failures even though the EV company knew the parts were defective.

TSLA

2 minute read

Nikola Founder Trevor Milton Sentenced To 4 Years In Prison For Fraud

By Adam Eckert

December 18, 3:26 PM

Nikola Corp (NASDAQ: NKLA) founder Trevor Milton is set to serve time in prison on federal charges after a jury found him guilty of

NKLA

2 minute read

Novo Nordisk’s Kidney Outcomes Trial Has Broad Industry Implications

By Adam Eckert

October 12, 12:23 PM

Novo Nordisk A/S (NYSE: NVO) shares got a boost this week after the drugmaker halted trials testing potential treatment for kidney failure on

DVA

2 minute read

Elon Musk, Tesla Expected To Dish Out Payments To Investors Over ‘Funding Secured’ Tweet

By Adam Eckert

August 24, 2:58 PM

Investors who lost money in Tesla Inc (NASDAQ: TSLA) stock after CEO Elon Musk tweeted about taking the company private in 2018 are expected to recoup some of their

TSLA

2 minute read

Altria-Backed Cannabis Producer Cronos Group Considers Sale, Stock Waivers Amid Takeover Interest

By Maureen Meehan

July 6, 3:54 PM

Cronos Group Inc (NASDAQ: CRON) is exploring options that could include a potential sale after attracting acquisition interest, reported Reuters citing people familiar with the matter.

CRON

2 minute read

Binance Slams Reuters Report On Commingling Customer Funds, Skirts Denying Wrongdoings

By Murtuza Merchant

May 23, 2:33 PM

Patrick Hillmann, the chief communication officer of Binance, addressed a recent Reuters report that alleged Binance had commingled customer funds, pointing out several flaws in the reporting and emphasizing the transparency of Binance's operations.

$BUSD

3 minute read

Palantir CEO Alex Karp Touts Profitability, Artificial Intelligence Advantage, Acquisition Interest Following Q4 Earnings

By Adam Eckert

February 13, 8:29 PM

Palantir Technologies Inc (NYSE: PLTR) shares soared in Monday's after-hours session as the data software company's surprise leap into profitability outshined its poor guidance.

MSFT

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