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Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by other lenders as too risky and unprofitable. ...
At least six major U.S. companies including JPMorgan Chase have modified policies meant to boost racial and ethnic representation that conservative groups threatened to sue over, a Reuters review of corporate statements has found. The companies are among 25 that received public shareholder letters since 2021 claiming their diversity, equity and inclusion (DEI) programs constitute illegal discrimination and a breach of the directors' duties to investors. The changes made by the companies primarily involved removing language that said certain programs were for underrepresented groups or m...
By Jody Godoy and Disha Raychaudhuri (Reuters) - At least six major U.S. companies including JPMorgan Chase have modified policies meant to boost raci...
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces ...
A Chinese chip designer, part-owned by the country's top sanctioned chipmaker, is purchasing U.S. software and has American financial backing, relationships that underscore the difficulty Washington faces applying new rules meant to block American support for Beijing's semiconductor industry. The company, Brite Semiconductor, offers chip design services to at least six Chinese military suppliers, a Reuters examination of company statements, regulatory filings, tenders and academic articles by People's Liberation Army (PLA) researchers and institutions found. Its second largest...