Reuters

By Jonathan Stempel

(Reuters) - A U.S. judge on Wednesday rejected Tesla's bid to dismiss a lawsuit accusing Elon Musk's electric car company of misleading owners into believing that their vehicles could soon have self-driving capabilities.

The proposed nationwide class action accused Tesla and Musk of having since 2016 falsely advertised Autopilot and other self-driving technology as functional or "just around the corner," inducing... (continue reading...)

By Anton Bridge

TOKYO (Reuters) -Japan's three biggest banks forecast record income in the coming year on Wednesday, signalling increased optimism about an economy that has only just exited from years of negative interest rates.

The results from Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group also show how Japanese banks are benefiting from higher interest rates in overseas markets, such as the... (continue reading...)

By Suzanne McGee and Hannah Lang

(Reuters) -A handful of hedge funds, including Millennium Management LLC, and other asset managers are among the institutions that acquired stakes in the recently launched U.S. exchange-traded funds (ETFs) tied to the price of bitcoin in the first quarter, according to recent regulatory filings.

New York-based Millenium revealed it had $2 billion invested in several of the new ETFs as of March 31. That... (continue reading...)

By David Randall

NEW YORK (Reuters) - Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump's Trump Media & Technology Group in the first quarter, securities filings showed on Wednesday.

The former president, who is running as the Republican candidate in the Nov. 5 presidential election, holds a majority stake in the company. It owns... (continue reading...)

By Trevor Hunnicutt and Nandita Bose

WASHINGTON (Reuters) - U.S. President Joe Biden disclosed a little-changed personal financial situation in 2023, though his book royalties fell and the amount he owed on a home equity loan rose, federal documents showed.

Biden and his wife Jill Biden reported total assets between roughly $1 million and $2.6 million and liabilities between roughly $350,000 and $850,000, according to an Office of... (continue reading...)