Wednesday, 27th, 2024 | 2:30AM Updated

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris,
Microsoft to take site-by-site approach to U.S. office reopening

Microsoft Corp said on Thursday it will no longer target a specific date for reopening all of its U.S. offices and instead will reopen each site based on whether it meets a set of company criteria and local health guidelines.

A sign reads:
Bitcoin trading subdued after chaotic debut in El Salvador; Coinbase faces lawsuit

Volatility in bitcoin eased on Wednesday, a day after El Salvador adopted the crypto asset as legal tender https://www.reuters.com/business/finance/el-salvador-leads-world-into-cryptocurrency-bitcoin-legal-tender-2021-09-07, but the threat of a U.S. lawsuit against crypto exchange Coinbase https://www.reuters.com/technology/sec-threatens-sue-coinbase-over-crypto-lending-programme-2021-09-08 Global Inc underscored the rocky road ahead for cryptocurrencies.

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.
Wall Street ends lower, weighed down by Big Tech

Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy's recovery and on uncertainty about when the Federal Reserve may pull back its accommodative policies.

The logo of German utility and energy supplier RWE is pictured next to a traffic light outside RWE's lignite power plant in Weisweiler near the western German city of Aachen, Germany
Exclusive-Activist ENKRAFT takes stake in RWE, calls for separation of lignite ops

Activist fund ENKRAFT has taken a stake in RWE and is calling for a separation of the company's brown coal activities to remove the burden of a legacy business that has weighed on the value of shares in Germany's largest power producer.

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Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California,
Theranos founder's defense may turn on state of mind, experts say

As Elizabeth Holmes' fraud trial gets underway this week, lawyers for the former Silicon Valley entrepreneur may try to show she was a true believer in the blood-testing technology at her startup Theranos Inc, and never intended to defraud investors and patients, legal experts said.

A woman exercises with a dog near the City of London financial district, in London, Britain,
London takes aim at New York with five-year financial plan

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world's top international financial centre within five years.

A representation of cryptocurrency Bitcoin is seen in this illustration taken
Crypto platform Bitso working with El Salvador on Chivo digital wallet

Fintech Bitso, a cryptocurrency platform, said on Tuesday it will be the core service provider for Chivo, the bitcoin digital wallet launched in El Salvador as it becomes the first country in the world to adopt bitcoin https://www.reuters.com/business/finance/el-salvador-leads-world-into-cryptocurrency-bitcoin-legal-tender-2021-09-07 as legal tender.

Representation of cryptocurrency Bitcoin is placed on PC motherboard in this illustration taken,
Global crypto exchange CrossTower enters India despite policy uncertainty

U.S.-headquartered digital currency exchange CrossTower has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.

Fedex CEO Fred Smith is pictured at a business roundtable meeting of company leaders and U.S. Republican Presidential candidate Mitt Romney in Washington
Exclusive-FedEx faces labor union challenge over billionaire CEO's pay

FedEx Corp shareholders should reject founder and CEO Fred Smith's $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday.

Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S.
Payrolls and the stock market: Wall Street usually shrugs off jobs report

Markets always look to the Labor Department's monthly employment report with great anticipation. But whether the data disappoints or surprises to the upside often has only a modest effect on overall stock index moves.

A Western Union sign is seen in New York March 28, 2009. Picture taken
Exclusive-Western Union resuming services to Afghanistan - senior exec

Western Union Co is resuming money-transfer services to Afghanistan, a senior executive told Reuters on Thursday, a decision he said was in line with a U.S. push to allow humanitarian activity to continue after the Taliban's takeover.

Signage hangs over the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.,
Nasdaq ends at fresh high, powered by tech stocks

The Nasdaq closed Wednesday at a record high, with the S&P 500 ending near its previous peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S
Support.com, other new meme stocks dip, hitting pause in monster rally

A gaggle of so-called meme stocks were mostly lower on Tuesday after eye-popping rallies in their shares in recent days suggested that retail investors are still eager to bet on companies popular in online forums.

A representation of cryptocurrency Bitcoin is seen in this illustration taken
El Salvador Congress backs $150 million fund for bitcoin ahead of adoption

El Salvador's Congress on Tuesday approved a law to create a $150 million fund to facilitate conversions from bitcoin to U.S. dollars ahead of the Central American country's planned adoption of the cryptocurrency as legal tender next week.

A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S
Uber proposes industry-wide gig worker benefits model in Canada

Uber Technologies Inc on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share data on workers' hours and earnings.

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