By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector,…
Apple, Meta set to face EU charges under landmark tech rules, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Apple and Meta Platforms will likely face charges for failing to comply with…
Google loses bid to end US antitrust case over digital advertising
By Jody Godoy (Reuters) – Alphabet’s Google must face trial on U.S. antitrust enforcers’ claim that the internet search juggernaut…
Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its…
US job market resembling pre-pandemic environment, Yellen says
(Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said the U.S. employment picture increasingly resembles the job market that…
Broadcom soars as demand for AI chips power forecast raise
By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable…
Musk says Tesla shareholders voting in favor of his $56 billion pay package
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…