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Amazon.com Inc (NASDAQ: AMZN) is in focus today after the FTC along with 17 states filed an antitrust lawsuit against the tech behemoth. Amazon accused of undermining competition The Federal Trade Commission and the attorney generals of the respective states accused the multinational in their complaint of using unlawful means to undermine competition. Amazon also […]

• September 26, 2023 09:29 AM PDT
• Invezz

United Parcel Service Inc (NYSE: UPS) just announced plans of hiring over 100,000 seasonal workers to prepare for the holiday demand. UPS workers will be paid higher this year The transportation giant will pay $21 an hour to driver helpers and package handlers and $23 an hour to delivery and tractor-trailer drivers, as per its […] The post UPS will hire 100,000 seasonal workers to prepare for holiday demand appeared first on Invezz.

• September 26, 2023 09:18 AM PDT
• Invezz

Kneron – a California-based AI chips startup that eventually hopes to rival Nvidia Corp raised another $49 million on Tuesday. Kneron CEO spoke with CNBC today The announcement arrives as the semiconductor company presses ahead with commercialising its chips designed specifically for artificial intelligence. Kneron has now raised a total of $97 million in its […] The post Potential Nvidia rival Kneron raises another $49 million appeared first on Invezz.

• September 26, 2023 08:29 AM PDT
• Invezz

Chase UK, a subsidiary of banking giant JPMorgan Chase, has told its customers that all cryptocurrency-related payments will be declined starting October 16. An email sent to UK customers noted that the bank’s action is down to its changing crypto policy. Specifically, it’s the bank’s concern around increased fraud and scams in crypto, citing instances […] The post JPMorgan’s Chase UK bans crypto payments appeared first on Invezz.

• September 26, 2023 08:14 AM PDT
• Invezz

Romania is a member of the European Union with robust economic growth in 2022 (+4.8%), bigger than most prominent EU members. It was driven higher by a pick-up in investment and strong consumption. But the moment has faded in the meantime. Higher inflation than in most other European countries, slowing private demand, as well as […] The post Should you sell the Romanian leu as economic growth slows? appeared first on Invezz.

• September 26, 2023 08:08 AM PDT
• Invezz

JPMorgan Chase & Co (NYSE: JPM) has agreed to a $75 million settlement with the U.S. Virgin Islands on a lawsuit related to its association with Jeffrey Epstein. JPM did not admit to wrongdoing U.S. Virgin Islands had accused the financial services behemoth in its lawsuit of benefitting from the now-dead predator’s sex-trafficking ring. But […] The post JPMorgan agrees to a $75 million settlement on Jeffrey Epstein lawsuit appeared first on Invezz.

• September 26, 2023 07:13 AM PDT
• Invezz

Ramp, a leading financial technology company, has announced a strategic partnership with MetaMask, the world’s foremost self-custody web3 platform. This groundbreaking collaboration marks a significant step towards streamlining access to the world of cryptocurrencies and decentralized finance. Seamless on-ramps for a global audience Ramp’s core expertise lies in building payment rails that seamlessly connect the […] The post Financial technology company Ramp partners with MetaMask appeared first on Invezz.

• September 26, 2023 07:00 AM PDT
• Invezz