The New York Stock Exchange and Nasdaq would no longer be able to offer a kind of special discount that rewards Wall Street brokerages for routing large amounts of trade orders to them under a new plan from the Securities and Exchange Commission.
Indian tech-services outsourcing firm Wipro Ltd. is planning to hire fewer engineering graduates this year, citing cautious clients that are cutting spending.
Prime Minister Rishi Sunak is pushing for nations to label artificial intelligence as capable of “catastrophic harm” at the AI Safety Summit the UK is hosting next month as it seeks to forge a common international approach on the rapidly advancing technology.
Investors have pushed Tesla Inc. stock higher for months despite deteriorating fundamentals. The electric-vehicle maker’s results later Wednesday will test that strategy.
Binance’s Stéphanie Cabossioras has stepped down from her position as managing director at the crypto exchange’s French unit, adding her name to the list of senior leaders to have departed the company this year.
A forensic accountant at the trial of Sam Bankman-Fried tried to explain what happened to $9 billion in FTX customer funds that were missing in June 2022, five months before the company filed for bankruptcy.
President Joe Biden said he will ask Congress this week for “unprecedented support” for Israel as it prepares to crush Hamas, but also announced $100 million in US humanitarian aid for residents of Gaza and the West Bank.
European stocks fell on Wednesday, weighed down by disappointing results from ASML Holding NV and Swiss industrial conglomerate ABB Ltd., and as traders assessed escalating tensions in the Middle East.
Amazon.com Inc. says it’s testing two new technologies to increase automation in its warehouses, including a trial of a humanoid robot.
Tillman Infrastructure, which counts UBS Asset Management among its investors, is in talks to raise around $500 million in preferred equity to support its growth, according to people with knowledge of the matter.
