Page 402 - Bloomberg

LinkedIn co-founder defends funding rape accuser suit against Trump

"I want to be clear that I've never taken any steps to hide the financial support that I have provided to this lawsuit after it started," he said

SVB's CEO, CFO step down more than a month after the lender's collapse

The firm is exploring strategic alternatives for its remaining businesses, SVB Capital and SVB Securities

Alphabet CEO Sundar Pichai's pay soars to $226 mn on huge stock award

Pichai's stock award comes on a three-year schedule, and he received a similarly sized package in 2019

Lyft plans job cuts, may hit 30% of employees as it struggles over profit

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs

Russian arms sales to India stall due to fears over sanctions from US

Indian payments for weapons amounting to more than $2 billion have been stuck for about a year, and Russia has stopped supplying credit for a pipeline of about $10 billion worth of spare parts

Google merges DeepMind, brain research units as AI race hots up

The change folds the Brain team from Google Research and Alphabet's DeepMind into one team, Chief Executive Officer Sundar Pichai said in a blog post

Tesla investors flag mismanagement, demand review of Musk performance

The 17 shareholders, who hold more than $1.5 billion of Tesla stock, said Musk is distracted by his commitments to other companies and must be reined in

Closer look at Bitcoin's rally suggests the depth of demand is deceptive

Since Binance stopped its zero-fee trading program, there's been a sharp drop-off in daily Bitcoin volume, Medalie said. Current trends are about half what they were prior to the halt

Twitter asks companies to pay for check marks, spend monthly to advertise

Businesses that already spend $1,000 a month on ads will be allowed to continue and will be given a gold check mark, the company added

Big tech earnings to offer reality check to investors over AI hype

Earnings misses on already revised-down estimates could threaten stock prices even as any guidance updates are scrutinized by the market

Procter & Gamble raises sales outlook, says demand is stabilising

The outlook and quarterly results outpaced expectations in key metrics, highlighting that the US economic slowdown appears to be relatively contained

Ford's F-150 leaves tough choices for buyers seeking EV tax credits

Dozens of other electric cars and trucks didn't make the cut, either because they aren't manufactured in the US or don't use American parts and pieces

How many Indians are there really? India isn't ready for the answer

Centre has a somewhat difficult relationship with data. Various surveys and calculations, from the national income accounts to household consumption patterns and jobs data, have been cancelled

India's economic activity signals resilience even as exports dim outlook

India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous

With $100 bn in 2022, India biggest recipient of money from overseas

Highly-skilled Indian migrants from the US, UK and Australia were sending more money home, helped by job support programs during Covid-19 restrictions

RBI expected to pivot to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year

With nearly 100% stock returns in 16 months ITC is in no hurry to win

The unhurried pace of ITC, not controlled by any business family, has been reassuring

End to Twitter's legacy blue checkmarks; Pope losses tick, LeBron retains

The move has already spurred confusion. Celebrities, government officials and other notable users that choose not to pay $8 per month for Twitter Blue, the premium version, have lost the checkmark

Apollo pitches investors on deal to ease industrywide fundraising slump

The firm pitched it as a way to ease clients' liquidity pressures, according to people familiar with the matter

J&J wins pause of baby powder trials, must face new suits, says judge

US Bankruptcy Judge Michael Kaplan said Thursday the company won't have to go to trial over any talc lawsuits for at least 60 days, but new lawsuits can be filed