By David Shepardson WASHINGTON (Reuters) -U.S. new vehicles set a record high for fuel economy in 2022, with the biggest…
CarMax quarterly profit overtakes estimates on cost cuts
(Reuters) -CarMax on Thursday posted a more than two-fold rise in quarterly profit to beat analyst estimates after cost cuts…
FedEx tumbles after sober results, broader market slips
By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and an outlook that prompted a…
Tesla skips employees’ yearly merit-based stock compensations – Bloomberg News
(Reuters) -Tesla is not offering its employees yearly merit-based stock awards, Bloomberg News reported on Tuesday. Tesla did not immediately…
ProShares to launch S&P 500 ETF with zero-day call options
By Suzanne McGee (Reuters) – ProShares expects to launch an exchange-traded fund (ETF) Wednesday that uses the short-dated options commonly…
Alphabet to limit election queries Bard and AI-based search can answer
(Reuters) – Alphabet’s Google said on Tuesday it will restrict the types of election-related queries its chatbot Bard and search…
US stock short sellers down $145 billion in 2023 – Ortex
By Saqib Iqbal Ahmed NEW YORK (Reuters) -A late-year surge in stocks is exacerbating the pain of short-sellers, who are…
Putin says Russia has no plan to attack NATO, dismisses Biden remark as ‘nonsense’
By Guy Faulconbridge MOSCOW (Reuters) -Kremlin chief Vladimir Putin dismissed as complete nonsense remarks by U.S. President Joe Biden that…
Elon Musk says oil and gas should not be demonised
By Francesca Landini ROME (Reuters) -Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of…
Robinhood woos wealthier clients from bigger brokerages- WSJ
(Reuters) – Robinhood Markets is attracting customers from other brokerages, and is seeking to expand beyond its base of young,…