By Caroline Valetkevitch NEW YORK (Reuters) -The three major U.S. stock indexes were barely higher in afternoon trading Monday, with…
Chrysler to recall more than 211,000 vehicles in US due to software malfunction, NHTSA says
(Reuters) – Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could…
US and British airstrikes hit Yemen, Houthis say
DUBAI (Reuters) – U.S. and British forces carried out six airstrikes on targets in Yemen on Friday, a Houthi-run television…
Short bets against Nvidia stand at $34 billion, S3 Partners says
(Reuters) – As Nvidia threatens to dethrone Microsoft as the world’s most valuable company, at least a few investors are…
Walgreens shelves plans for Boots IPO, Bloomberg News reports
(Reuters) – Walgreens Boots Alliance has shelved plans for a potential initial public offering of its UK-based Boots drugstore chain…
Norway wealth fund to vote against Musk’s $56 billion Tesla pay package
By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote…
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7,…
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to…
Visa and MasterCard face new UK lawsuits over merchant fees
LONDON (Reuters) – Global payments processors Visa and Mastercard must face a new set of lawsuits over fees charged to…
AbbVie’s tight grip on Humira market raises concerns about biosimilars
By Patrick Wingrove (Reuters) – AbbVie’s top-selling arthritis drug Humira has held onto more than 80% of patients after facing…