Business

American Express fined $350 million for insufficient anti-money laundering program

American Express fined $350 million for insufficient anti-money laundering program

By Pete Schroeder and Chris Prentice WASHINGTON, Oct 8 (Reuters) - American Express was fined $350 million by US bank…

October 9, 2026

American Express National Bank fined $350 million for insufficient anti-money laundering program

WASHINGTON, Oct 8 (Reuters) - The US Office of the Comptroller of the Currency said it has ordered American Express…

October 9, 2026

SpaceX to acquire spectrum that enables Starlink Mobile services

Oct 8 (Reuters) - SpaceX announced on Thursday an agreement to acquire a nationwide low-band spectrum license portfolio that will…

October 9, 2026

Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI models

WASHINGTON, Oct 8 (Reuters) - More than 120 US lawmakers raised concerns on Thursday about Alphabet's Google unit acquiring defunct…

October 9, 2026

Starbucks has explored Chipotle takeover, FT reports

Oct 8 (Reuters) - Starbucks has explored a takeover of Chipotle Mexican Grill, the Financial Times reported on Thursday, in…

October 9, 2026

Dollar eases as European yields pull back from highs

By Chuck Mikolajczak NEW YORK, Oct 8 (Reuters) - The dollar retreated on Thursday as a rise in euro zone…

October 9, 2026

US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand

WASHINGTON, Oct 8 (Reuters) - The average rate on the popular US 30-year fixed-rate mortgage surged to a near three-year…

October 8, 2026

China defends yuan policy as Europe steps up pressure over trade surplus

By Yukun Zhang and Kevin Yao BEIJING, Oct 8 (Reuters) - China pushed back against foreign criticism of its exchange-rate…

October 8, 2026

The Quote That Was Never the Bill: How NoBroker Packers and Movers Brought Transparency to an Unorganised Market

Amit Kumar Agarwal, CEO and Co-founder of NoBroker.’ Bengaluru (Karnataka) [India], October 8: For years, hiring packers & movers in…

October 8, 2026

Shares slip as oil spikes and bond bashing rumbles on

By Lawrence Delevingne, Marc Jones and Wayne Cole BOSTON/LONDON/SYDNEY, Oct 8 (Reuters) - Global shares slid on Thursday as strains…

October 8, 2026