By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The Nasdaq closed lower on Monday, underperforming the S&P 500 and the Dow, with pressure from high-profile megacaps as investors awaited results from companies including Microsoft while Tesla shares fell on concerns about its spending plans. Tesla Inc finished down 1.5% after the automaker raised…
By Krisztina Fenyo BUDAPEST (Reuters) – When Pope Francis visited Hungary two years ago, Roma pilgrim Csaba Kovesi, accompanied by a cross blessed by Francis and Pope John Paul II, drove around the country calling on people to travel to Budapest to see him. Now Kovesi is on a repeat mission, driving a pick-up resembling…
By Fabian Cambero SANTIAGO (Reuters) -Chile will start talks with SQM over its operations in the Atacama “this semester” to convince the world’s No. 2 lithium mining company to sign onto a state-led public-private model, the economy minister said on Monday, while SQM said it would need to invest an additional $2 billion under the…
By Blake Brittain (Reuters) -Tax-preparation giant H&R Block Inc and Block Inc , the company formerly known as Square, have jointly agreed to dismiss H&R Block’s lawsuit over Block’s name change, according to a Friday filing in Missouri federal court. The companies asked the court to dismiss the case with prejudice, which means it cannot…
By Blake Brittain (Reuters) -Tax-preparation giant H&R Block Inc and Block Inc , the company formerly known as Square, have jointly agreed to dismiss H&R Block’s lawsuit over Block’s name change, according to a Friday filing in Missouri federal court. The companies asked the court to dismiss the case with prejudice, which means it cannot…
By Akash Sriram and Manya Saini (Reuters) -Johnson & Johnson said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, at a time when investor appetite for new listings has been muted. The announcement sets the stage for what is expected…
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres said on Monday that the risk of conflict between global powers was at an “historic high” and Russian Foreign Minister Sergei Lavrov warned the world was at a threshold “possibly even more dangerous” than during the Cold War. Guterres, seated next to Lavrov in the…
LOS ANGELES (Reuters) – Comic actor Richard Lewis, a longtime regular on the HBO series “Curb Your Enthusiasm,” says he is under a doctor’s care for Parkinson’s disease but that despite giving up his standup act “everything is cool” as he focuses on writing and acting. Lewis, 75, disclosed his diagnosis in a brief video…
NEW YORK (Reuters) – Switching to clean energy from natural gas-fired electricity is the New York power industry’s top challenge this year, New York Power Authority’s chief executive said on Monday. “That’s the biggest challenge, I think, that we and the industry faces,” said Justin Driscoll, who heads the nation’s largest state-owned electric utility, at…
WASHINGTON (Reuters) – President Joe Biden said on Monday he plans to run again as he gears up for a bruising re-election battle, amid expectations of a formal announcement via video as soon as Tuesday. “I told you I’m planning on running. I’ll let you know real soon when,” Biden said. (This story has been…
