Boeing is sued by shareholders following MAX 9 blowout
By Jonathan Stempel NEW YORK (Reuters) – Boeing has been sued by shareholders who said the company prioritized profit over…
Month: January 2024
Fed holds rates steady, says more confidence needed in inflation slowdown
NEW YORK (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them…
New US ETF targets ‘Magnificent Seven’ mega-cap technology stocks
By Suzanne McGee (Reuters) – Tidal Financial Group and ZEGA Financial launched a new exchange-traded fund (ETF) designed to profit…
Soaring chip stocks hit as AMD’s forecast fails to impress
By Medha Singh (Reuters) -High-flying semiconductor stocks slipped on Wednesday after Advanced Micro Devices’ disappointing current-quarter revenue forecast added to…
Oil prices climb on geopolitical tensions, positive economic data
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating…
Peltz’s plan to fix Disney includes bundling ESPN+ with Netflix – Bloomberg News
(Reuters) – Activist investor Nelson Peltz believes Walt Disney can achieve profitability in streaming by bundling its ESPN+ online service…
Supermicro scales new peak after revenue forecast raise re-ignites AI rally
(Reuters) -Super Micro Computer shares hit a fresh record high on Tuesday after the artificial intelligence server maker delivered blowout…
Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Monday it is urging the owners of 50,000 older U.S. vehicles…
Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal
By David Shepardson WASHINGTON (Reuters) -Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge…
Bayer ordered to pay $2.25 billion in latest Roundup trial
(This Jan. 26 story has been corrected to fix the spelling of John McKivison’s name in paragraphs 2, 3 and…