Retail investors flock to penny stocks WeWork, Amyris, Proterra
By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny…
2023
Factbox-SoftBank-owned Arm courts Big Tech interest in its IPO
(Reuters) – SoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected…
US SEC delays decision on Cathie Wood’s spot bitcoin ETF
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Cathie Wood-led Ark…
Fed doves, Fed hawks: a look at how U.S. central bankers fly
(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy…
Chrysler owner calls for focus on reality in UAW labor talks
By David Shepardson (Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday,…
Trucking firm Yellow extends bankruptcy loan talks until next week
By Dietrich Knauth NEW YORK (Reuters) -Trucking firm Yellow Corp will extend negotiations on a bankruptcy loan until next week,…
How did the Hawaii wildfires start? What to know about the Maui and Big Island blazes
(This Aug. 10 story has been corrected to locate Maui north and west of Big Island instead of east in…
Exclusive-Biden taps Jackson for economic adviser, signals focus on education
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is tapping C. Kirabo Jackson, a labor economist whose research…
Strong services costs lift US producer prices; inflation expectations dip
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased slightly more than expected in July as the cost of…
US awards $1.2 billion to carbon air capture hubs by Oxy, Climeworks
By Valerie Volcovici WASHINGTON (Reuters) -The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to…