- Amazon.com Inc said it would cut 9,000 more corporate jobs across units that include its profitable cloud-computing and advertising businesses, a sign that the company’s cost-cutting is extending into all aspects of its operations as technology giants continue to slash spending.
- Coinbase Global , the largest cryptocurrency exchange in the U.S., told clients on Monday that it won't support collapsed Signature Bank'S real-time payment network, known as Signet, until further notice.
- JPMorgan Chase & Co Chief Executive Jamie Dimon is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank on how the industry could arrange for an investment that would boost the bank’s capital, according to people familiar with the matter.
- U.S. President Joe Biden issued the first veto of his
presidency Monday, rejecting a Republican-led measure that would
overturn a regulation allowing retirement-plan managers to
consider climate change in their investment decisions.
- Managers of FTX are suing a company affiliate based in the Bahamas, seeking a bankruptcy court ruling to end a dispute with liquidators there over who should control and distribute assets of the failed cryptocurrency exchange.
(Compiled by Bengaluru newsroom)
