Lufax Holding Ltd ( LU ) shares are trading higher Thursday after the company announced its unaudited fourth-quarter financial results before the market open.  The Details: The company reported quarterly total income of RMB6,857 million (US$966 million) compared to RMB12,318 million in the same period of 2022, representing a decrease of 44.3%. Lufax ( LU ) also announced the recommendation...

March 21 (Reuters) - Elon Musk's SpaceX has been accused by a U.S. labor agency of requiring employees who were laid off or fired from the rocket and satellite maker to sign unlawful agreements barring them from disparaging the company and joining class-action lawsuits against it. The complaint, filed late Wednesday by a National Labor Relations Board (NLRB) regional official...

02:37 PM EDT, 03/21/2024 (MT Newswires) -- Microsoft ( MSFT ) will pay Inflection AI $650 million and also hire its staff in a licensing deal, Reuters reported Thursday, citing a person familiar with the matter. The licensing agreement allows Inflection's models for sale on Azure cloud service, according to the report. Inflection will utilize the license fee to give...

(Reuters) - A divided U.S. appeals court said Meta Platforms ( META ) must face a class action by advertisers that accused the Facebook and Instagram owner of overcharging them by fraudulently inflating the number of people their ads might reach. In a 2-1 decision, the 9th U.S. Circuit Court of Appeals in San Francisco said advertisers could sue for...