By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders were set to approve Elon Musk’s $56 billion pay…
X’s lawsuit against Media Matters to head to trial in April 2025
(Reuters) – Social media platform X’s lawsuit against media watchdog group Media Matters will head to trial on April 7,…
Factbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
(Reuters) -Brokerages have raised their year-end targets for the U.S. stocks benchmark S&P 500, spurred by expectations of a “soft…
Citron Research closes GameStop short position
By Pranav Kashyap and Medha Singh (Reuters) – Citron Research no longer has a short position in retail traders’ favorite…
Apple overtakes Microsoft to return as world’s most valuable company
(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…
Factbox-Tesla shareholder meeting: How investors are voting on Musk’s $56-billion pay package
(Reuters) – Investors will vote on Tesla CEO Elon Musk’s $56-billion compensation package and the company’s reincorporation in Texas, from…
China state-owned banks sold dollars as yuan fell to near seven-month low, sources say
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were seen selling dollars for yuan in the onshore spot foreign exchange market…
UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could be completed as early as…
Boeing plane deliveries drop by half in May year-on-year
By Allison Lampert (Reuters) – Boeing said on Tuesday it delivered 24 commercial planes in May, about half of the…
How Apple used Google’s help to train its AI models
By Max A. Cherney SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal…