US charges 193 people in $2.75 billion health care fraud bust
(Reuters) – The U.S. Justice Department has charged 193 people, including 76 doctors, nurses and other medical professionals, with participating…
Nike posts surprise quarterly revenue drop on choppy demand
(Reuters) -Nike reported a surprise drop in fourth-quarter revenue on Thursday, as the sportswear maker struggled with low demand for…
Russian satellite breaks up in space, forces ISS astronauts to shelter
By Joey Roulette WASHINGTON (Reuters) -A defunct Russian satellite has broken up into more than 100 pieces of debris in…
Boeing resuming widebody airplane deliveries to China, source says
By Allison Lampert, David Shepardson SEATTLE/WASHINGTON (Reuters) -Boeing is resuming widebody jet deliveries to China which were halted in recent…
Wall Street ends slightly up, trade choppy ahead of inflation data
By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -Major U.S. stock indexes closed with modest gains on Wednesday…
Micron Technology beats estimates for third-quarter revenue on AI chip demand
(Reuters) -Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory…
Hollywood workers union reaches pay, AI-use deal with top studios
(Reuters) – A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal…
Nvidia shares surge nearly 7%, bouncing after $430 billion market slump
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin…
Saba’s Weinstein says US President Biden would be ‘better’ for bond market
NEW YORK (Reuters) – Prominent investment manager Boaz Weinstein on Tuesday said uncertainty about November’s U.S. presidential election may lead…
US business equipment borrowings up 11% in May, ELFA says
(Reuters) – U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body…