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Month: January 2024

Boeing is sued by shareholders following MAX 9 blowout
Business

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…

January 31, 2024January 31, 2024
Fed holds rates steady, says more confidence needed in inflation slowdown
Business

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…

January 31, 2024January 31, 2024
New US ETF targets ‘Magnificent Seven’ mega-cap technology stocks
Business

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…

January 31, 2024January 31, 2024
Soaring chip stocks hit as AMD’s forecast fails to impress
Business

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…

January 31, 2024January 31, 2024
Oil prices climb on geopolitical tensions, positive economic data
Business

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…

January 30, 2024January 30, 2024
Peltz’s plan to fix Disney includes bundling ESPN+ with Netflix – Bloomberg News
Business

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…

January 30, 2024January 30, 2024
Supermicro scales new peak after revenue forecast raise re-ignites AI rally
Business

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…

January 30, 2024January 30, 2024
Toyota warns 50,000 US vehicle owners to stop driving, get immediate repairs
Business

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…

January 30, 2024January 30, 2024
Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal
Business

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…

January 29, 2024January 29, 2024
Bayer ordered to pay $2.25 billion in latest Roundup trial
Business

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…

January 29, 2024January 30, 2024

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