Spot bitcoin ETF issuers compete on fees for market share
(Reuters) -A raft of investment managers launched the first U.S. spot bitcoin exchange-traded funds (ETF) Jan. 11, in a milestone…
JPMorgan’s annual profit surges to record even as quarterly net income dips
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income…
UnitedHealth shares fall as higher medical costs eclipse profit beat
By Bhanvi Satija and Christy Santhosh (Reuters) -UnitedHealth shares fell 4% on Friday after medical services costs at the healthcare…
Airbus lands record orders in 2023, beats Boeing on deliveries
By Joanna Plucinska and Dagmarah Mackos (Reuters) -Airbus reported record annual jet orders and confirmed an 11% rise in 2023…
Wall Street little changed after inflation, labor market data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs…
Microsoft briefly overtakes Apple as world’s most valuable company
By Aditya Soni (Reuters) -Microsoft on Thursday briefly overtook Apple as the world’s most valuable company for the first time…
Oil up 1% as Middle East tensions offset US inflation worries
By Scott DiSavino NEW YORK (Reuters) – Oil prices gained about 1% on Thursday after Iran seized an oil tanker…
US SEC approves bitcoin ETFs in watershed for crypto market
By Hannah Lang and Suzanne McGee WASHINGTON/NEW YORK (Reuters) -The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange…
House Republicans move toward holding Hunter Biden in contempt of Congress
By Makini Brice WASHINGTON (Reuters) – U.S. House Republicans on Wednesday moved toward holding Hunter Biden in contempt of Congress…
Amazon to lay off several hundred staff in Prime Video, Studios
(Reuters) -Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note…