Micron shares jump on forecast for quicker recovery in chip demand
(Reuters) -Chipmaker Micron Technology’s shares jumped 7% on Thursday after it predicted a strong recovery in the supply-demand balance for…
December 21, 2023
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…
Toyota shares slump on safety scandal at Daihatsu, vehicle recall
By Anton Bridge TOKYO (Reuters) -Toyota Motor shares slumped on Thursday as Japan’s transport ministry inspected a subsidiary over safety…
Nippon’s US Steel deal needs scrutiny, says Biden campaign adviser Deese
By Andrea Shalal WASHINGTON (Reuters) – Brian Deese, a key player in President Joe Biden’s 2024 re-election bid, said on…
Exporters explore cargo flights as way out of deepening Red Sea bottleneck
By Jonathan Saul, Helen Reid and Corina Pons LONDON/MADRID (Reuters) -Exporters are scrambling to find alternative air, land and ocean…