PayPal launches dollar-backed stablecoin, boosting shares
By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…
August 2023
Biden signs law implementing first part of U.S. trade pact with Taiwan
WASHINGTON (Reuters) – U.S. President Joe Biden signed legislation on Monday implementing the U.S. and Taiwan’s “21st Century” trade initiative…
Stocks, dollar gain ahead of key inflation data this week
By Herbert Lash NEW YORK (Reuters) -A gauge of global equities rose and the dollar edged higher on Monday, reversing…
Amazon results could bode well for rival retailers Walmart, Target
By Siddharth Cavale and Ananya Mariam Rajesh NEW YORK (Reuters) – Amazon’s strong quarterly results are one more sign that…
Berkshire Hathaway stock sets record high as rising rates, Apple boost profit
By Jonathan Stempel (Reuters) -Berkshire Hathaway’s stock price set a record high on Monday, rising 3.4% after the conglomerate run…
Tyson Foods shares tumble on slowing demand, plant closures
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods missed Wall Street expectations for third-quarter revenue and profit on Monday,…
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion…
William Friedkin, acclaimed ‘Exorcist’ director, dead at 87
By Will Dunham , 2023 (Reuters) -William Friedkin, who achieved cinematic immortality by directing the bleak, gritty 1971 drug-smuggling thriller…
Exclusive-Amazon Indigenous chief Raoni warns of disaster if deforestation not stopped
By Leonardo Benassatto and Ueslei Marcelino BELEM, Brazil (Reuters) – Raoni Metuktire, an Indigenous chief from Brazil’s Amazon, will urge…
Brazil’s Embraer says business jet demand stays at strong pandemic level
By Gabriel Araujo SAO PAULO (Reuters) – The pandemic surge in demand for executive jets has not softened and Brazilian…