NEW YORK (Reuters) -Barclays ( BCS ) and former Chief Executive Jes Staley must face a lawsuit in Los Angeles claiming they defrauded shareholders about Staley's close ties to the disgraced late financier Jeffrey Epstein. U.S. District Judge Maame Ewusi-Mensah Frimpong ruled on Wednesday that holders of Barclays' ( BCS ) American Depositary Receipts plausibly alleged the defendants intended to...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

11:57 AM EDT, 06/26/2025 (MT Newswires) -- Premium Catering ( PC ) said Thursday its board has authorized the repurchase of up to $1 million common shares from time to time. This repurchase authorization underscores the board and management's belief that at times our share price may be undervalued relative to our long-term opportunity, stated Yu Chun Yin, executive director...

SAN FRANCISCO (Reuters) -Amazon's AWS recently lost its vice president overseeing generative artificial intelligence development, as the competition for talent heats up. Vasi Philomin told Reuters in an email that he left Amazon for another company, without providing specifics. A company spokesperson confirmed that Philomin had recently left after eight years with Amazon. Philomin helped lead generative AI efforts and...