Striking Boeing workers likely to weigh on US payrolls in October
WASHINGTON (Reuters) – A strike by Boeing factory workers could subtract about 33,000 jobs from U.S. nonfarm payrolls in October,…
US money market funds see large inflows as election nears
(Reuters) – U.S. money market funds attracted substantial inflows in the week to Oct. 23 as uncertainty over the U.S.…
Nvidia overtakes Apple as world’s most valuable company
By Noel Randewich and Sruthi Shankar (Reuters) – Nvidia dethroned Apple as the world’s most valuable company on Friday, following…
Intel to invest more than $28 billion to build two chip factories in Ohio
(Reuters) -Intel said on Friday it would invest more than $28 billion to construct two new chip factories in Licking…
Wells Fargo may lose $2 billion to $3 billion on its CRE office loan portfolio, CEO says
(Reuters) – Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion…
Yum Brands takes out onions from meals after E.coli outbreak at McDonald’s
(Reuters) -Yum Brands said on Thursday it would be removing fresh onions from its meals at certain Taco Bell, Pizza…
Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) – The S&P 500 and the Nasdaq rebounded on Thursday, after Tesla’s…
McDonald’s onions under scrutiny after US E. coli outbreak
By Brad Brooks LONGMONT, Colorado (Reuters) – Fresh onions are the likely source of an E. coli outbreak at McDonald’s…
TSMC halts chip supply to customer after finding it in Huawei product, source says
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co has suspended shipments to a customer after it discovered that one of its…
Tesla expects slight growth in 2024 vehicle deliveries, shares jump
(Reuters) -Tesla said on Wednesday it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected…