BOSTON, May 8 (Reuters) - A former correctional counselor at a federal prison in Massachusetts was sentenced on Wednesday to two years in prison for corruptly accepting tens of thousands of dollars from a wealthy inmate identified by a source as Galleon Group hedge fund founder Raj Rajaratnam. U.S. District Judge William Young in Boston rejected a request by William...

LAGOS, May 8 (Reuters) - Microsoft ( MSFT ) is closing down its Africa Development Centre in the continent's most populous nation Nigeria, which will lead to job losses, a spokesperson said on Wednesday. The centre, based in the commercial capital Lagos was opened in 2022 as part of Microsoft's ( MSFT ) push to deliver high-end engineering and innovation...

03:16 PM EDT, 05/08/2024 (MT Newswires) -- General Motors ( GM ) will stop producing the Chevrolet Malibu at its Fairfax Assembly plant in Kansas from November as it focuses on the production of electric vehicles instead, according to media reports Wednesday. The company has reportedly sold more than 10 million of the gasoline-powered car since 1964. The company will...

03:16 PM EDT, 05/08/2024 (MT Newswires) -- Price: 46.25, Change: -0.13, Percent Change: -0.28 ...